Kvetch in May: Why Market Timing Isn't Everything

Photograph by Lars Thulin

All hail Memorial Day weekend. In the tradition of my Miami childhood, ‘tis the season to don Crockett & Tubbs white pants and flaunt the right to bare arms. Hedgies and traders clad in Sperry Docksiders bolt Gotham for the leafy, saltwater-sprayed indolence of the Hamptons. The market’s volume dips to a trickle.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.