Leonard Levinson: Bought & Sold Hindsight

Posted by admin on Saturday, September 3, 2011

Leonard Louis Levinson Money Quotation saying Timing the market is a 50-50 proposition, but everyone will always tell you what you should have done when you’ve made the wrong choice. Leonard Louis Levinson said:
 

 

“Last week is the time you should have either bought or sold, depending on which you didn’t do” — Leonard Louis Levinson

 

 

The quote “Last week is the time you should have either bought or sold, depending on which you didn’t do” by Leonard Louis Levinson refers to the difficulty of market timing and knowing exactly when to enter or exit positions. Levinson is suggesting that in hindsight, after seeing market movements, it always seems obvious that one should have made the opposite transactional decision from the one they actually made in the prior period.

However, in the present moment these judgments are much less clear. The quote acknowledges that making perfect buy and sell calls based on unpredictable future price fluctuations is impossible. It conveys the perspective that Monday morning quarterbacking is easy while real-time investment decisions require accepting uncertainty and the risk of sometimes acting too early or late based on available information at the time.

Birthday: March 2, 1904 – Death: January 30, 1974

Categories: risk Tagged:boughtleonard levinsonsold