This Legendary Investor Said to Swim With the Tide
There's a lot of bubble talk in the market right now, but legendary bubble predictor Marty Zweig believed it is better to go with a rising market than to fight it.
Big money is made in the stock market by being on the right side of major moves. I don't believe in swimming against the tide. The idea is to get in harmony with the market. It's suicidal to fight trends. They have a higher probability of continuing than not.
— Marty Zweig
Zweig was one of the best market readers of his era. One Friday, on live TV, he said he expected a "vicious" crash the next week. And just as predicted, on Monday, the Dow Jones Industrial Average plummeted 23%.
Zweig wrote that it was okay to be wrong. He tried to get his ego out of the way, measure what was actually going on, and adapt his investing to it.
"The market is smarter than I am, so I bend," he wrote in his best-selling 1986 book, Winning on Wall Street. Despite its age, it is still a fascinating read.
You can also read the earlier My Daily Oracle posts about Zweig: "Is the Trend Your Friend?" and "Marty Zweig Predicted Black Monday."
✦ Watch for tomorrow’s newsletter in your inbox.
Disclaimer: This newsletter is for informational purposes only and does not constitute financial advice. Please consult a qualified financial advisor before making any investment decisions. Links on this page may be affiliate links, meaning your purchases help support this newsletter. Quotes may be edited slightly for clarity. Images represent our best effort. Copyright © 2025 mydailyoracle.com. All rights reserved.
No spam, no sharing to third party. Only you and me.
