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To: erickerickson who wrote (62980)12/24/2024 10:09:07 PM
From: Olecranon  Respond to of 63306
 
I’m not a market timer.

But some markets are at greater risk of substantial drawdowns than others. Having a good stash of dry powder available when markets correct has served me well. Warren Buffett manages the size of his cash position based on indicia of market risk as well. But no one would call him a market timer.