Valuation-Informed Indexing #595: The Most Important Choice That a Stock Investor Makes

I’ve posted Entry #595 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called The Most Important Choice That a Stock Investor Makes.

Juicy Excerpt: So I am largely in agreement with the claim that it is her stock allocation that is the most important choice made by an investor. But I am not in complete agreement. I think that there is another choice that is even more important. The most important choice that an investor makes is how much she is going to engage in market timing in response to valuation shifts.