Eating your own cooking

**uknowwho** · 10-10-2007, 01:01 AM

I was speaking to my Finance professor today and the subject of market timing came up. He claims that most who preach this don't practice it with their actual portfolios. He said if you want proof then just ask them to post their most recent quarterly statement and you will see that the trades never took place, most are buy and hold investors. For security purposes of course you must blackout the sensitive info like your SSN, ACCT # Address, but your name and the date must be present. So I'm going to various MKT timing website and asking them to show me the money. Prove that you eat your own cooking Tom. I will show the professor the results of my study the last week of the semester.

**SkiUtah** · 10-10-2007, 01:16 AM

UR 2 funny.

**pogo** · 10-10-2007, 01:41 AM

Originally Posted by uknowwho

I was speaking to my Finance professor today and the subject of market timing came up. He claims that most who preach this don't practice it with their actual portfolios. He said if you want proof then just ask them to post their most recent quarterly statement and you will see that the trades never took place, most are buy and hold investors. For security purposes of course you must blackout the sensitive info like your SSN, ACCT # Address, but your name and the date must be present. So I'm going to various MKT timing website and asking them to show me the money. Prove that you eat your own cooking Tom. I will show the professor the results of my study the last week of the semester.

I will do it if tom show me how to do it with out people getting in to my account or any other information they should not know.

**uknowwho** · 10-10-2007, 01:44 AM

Originally Posted by pogo

I will do it if tom show me how to do it with out people getting in to my account or any other information they should not know.

Just blackout the sensitive info such as your SSN, Address, Acct #. You must leave your name and the statement date as proof it is yours. Thanks for your assistance.

**nnuut** · 10-10-2007, 02:29 AM

Originally Posted by uknowwho

I was speaking to my Finance professor today and the subject of market timing came up. He claims that most who preach this don't practice it with their actual portfolios. He said if you want proof then just ask them to post their most recent quarterly statement and you will see that the trades never took place, most are buy and hold investors. For security purposes of course you must blackout the sensitive info like your SSN, ACCT # Address, but your name and the date must be present. So I'm going to various MKT timing website and asking them to show me the money. Prove that you eat your own cooking Tom. I will show the professor the results of my study the last week of the semester.

You are on this Board, now we are showing you the MONEY!

**uknowwho** · 10-10-2007, 02:40 AM

Originally Posted by nnuut

You are on this Board, now we are showing you the MONEY!

The professor won't accept the posted transactions on the site as proof the trades actually took place. I brought up the point that the trades are posted on the site yet he stated the timer's actual quarterly statement won't represent that which is posted on the site. I want to see for myself if what he claims is true and provide the evidence to him.

**budnipper1** · 10-10-2007, 03:13 AM

Originally Posted by nnuut

You are on this Board, now we are showing you the MONEY!

Yeah, RIGHT! Like somebody's gonna give a guy, who has 22 posts under his belt, with a registered profile showing zero personal info outside of his join date, the financial records of his TSP transactions.

OK, I guess, but you go first, nnuut!

**nnuut** · 10-10-2007, 11:50 AM

Originally Posted by budnipper1

Yeah, RIGHT! Like somebody's gonna give a guy, who has 22 posts under his belt, with a registered profile showing zero personal info outside of his join date, the financial records of his TSP transactions.

OK, I guess, but you go first, nnuut!

All I have to say, for me personally is JUST TAKE MY WORD FOR IT, I am an honest man and everyone that posts on this board has no reason to fabricate their posts to make TSP Talk look good. I think that's about enough of that kind of talk BUSTER!!

**Show-me** · 10-10-2007, 12:26 PM

With my return, why would I lie?

**uknowwho** · 10-10-2007, 02:48 PM

I see the professor was right. He said don't expect the timers to prove they eat their own cooking.

It's not very difficult to blackout the sensitive info and prove your trades are really taking place. Hell you could even cut out with scissors that info so there is NO question about a security breach. I'll see if any other MKT timer sites will show they're practicing what they preach.

**Bullitt** · 10-10-2007, 04:40 PM

Guy, arguing timing vs buy and hold is like arguing Democrat vs Republican. There have been libraries written on both. There never will be a consensus. Besides, if this professor is such a financial wizard, he should know that 1 quarter is nothing in the grand scheme of things. Shoot... Five years is nothing when you've got eyes on a retirement 401K. So let's say someone does your homework for you and ends up beating the 500 in 3rd quarter. You'll just say, 'oh that's only one quarter and doesn't represent a long term approach.'

Q: How did Bill Miller manage to beat the 500 for 15 years straight? Not buy and hold. I'm sure Legg Mason will send you the past 15 years of his prospectus' if you tell them it's for educational purposes.

Good luck with your thesis.

**SkyPilot** · 10-10-2007, 04:46 PM

Originally Posted by uknowwho

I was speaking to my Finance professor today and the subject of market timing came up. He claims that most who preach this don't practice it with their actual portfolios. He said if you want proof then just ask them to post their most recent quarterly statement and you will see that the trades never took place, most are buy and hold investors. For security purposes of course you must blackout the sensitive info like your SSN, ACCT # Address, but your name and the date must be present. So I'm going to various MKT timing website and asking them to show me the money. Prove that you eat your own cooking Tom. I will show the professor the results of my study the last week of the semester.

Why would we be interested? Go fish in another pond...

Maybe ask the professor to validate his assertion with his research. Sounds like he gave you his "opinion" rather than his research. Bet he advocates "buy and hold"...