### Comment:
Do you think professionals take the buy anytime is good approach?  If not, why do you think it’s the best?

### REPLY:
Since 1973 the worst 10 year rolling return for the S&amp;P 500 is -3%. The worst 15 year rolling return is 3.7%. I'm an efficient market guy so I don't believe in market timing so I'll take those odds over staying in cash any day.

### END.