Missing the Best & Worst Days in the Stock Market

A reader asks: I have a question about reconciling two very famous market parables. Ben, your story of “Bob, the World’s Worst Market Timer” perfectly illustrates the power of compounding and the importance of never selling, even if your entry points are disastrously bad. On the other hand, we frequently hear the statistic–often championed by Tom Lee–that if you miss the 10 best days in the m...