I have always laughed at people who claim they can time the market - I simply do not believe anybody can.
But I was looking at my portfolio performance since 2016 and realized I must be putting more money to work when the market is doing well, even though it had not been a conscious decision.
What makes me ask this?
Well as you know, I judge my portfolios performance on a money weighted basis measured by Interactive Brokers. I noticed the the money weighted performance of the S&P since 2016 was 44% per year - say more than the performance of the S&P since 2016. And the performance of my portfolio was 140% per year which is kind of thrilling.
So why is that?
Well I know for a fact, I cannot time markets. I think it might be a by-product of how I decide at what price to buy stocks:
and how I decide how much of each stock I decide to buy each time I buy.
What do you think?