Part 5/10:
The age-old adage “time in the market beats timing the market” rings true for many traders, including Smith. He acknowledges that while a buy-and-hold strategy is generally safer, there are instances where diligent research can allow an investor to seize opportune moments for larger gains through timing. Seeing potential in stocks can lead to substantial rewards, but it necessitates not only confidence but also an understanding of market behavior.