Mike Andes (speaker) argues that "timing the market" is a fool's game for both stock market investing and small-business decisions, advocating patience over attempts to capture short-term gains. He warns that assets promising rapid returns—crypto coins, meme stocks, and NFTs—rise quickly but will fall just as fast, expressing skepticism toward short-term speculative investments.
So timing the market is a fool's game when it comes to stock market. And timing the market and getting things just right and having short term wins when it comes to small business, in my opinion, is also a fool's game. Patience beats timing. Anything that's going to promise great returns in the short term is probably going to be gone just as fast as it came. And that's why I don't buy into crypto coins, meme coins, or meme stocks that are going up really fast. And people are so into their next nft as fast as they go up, they will come down just as fast.
