Here is an interesting view:
"The most important method of wealth accumulation involves being properly positioned for large market movements. It is important to remember that large movements are created essentially by the failure of the majority of investors to anticipate all developments fully and by the consequent reaction en masse tp largely unforeseen events. Substantial price movements simply cannot occur if everybody is getting the market right all of the time."
Tony Plummer :Forecasting Financial Markets
"The most important method of wealth accumulation involves being properly positioned for large market movements. It is important to remember that large movements are created essentially by the failure of the majority of investors to anticipate all developments fully and by the consequent reaction en masse tp largely unforeseen events. Substantial price movements simply cannot occur if everybody is getting the market right all of the time."
Tony Plummer :Forecasting Financial Markets