Share your insights or perspective on the financial matter presented in the input.

Why invest for the long-term rather than buy and sell for quick, big gains?
On Black Friday, 1929,the market fell from over 350 to just above 200. If you were following your plan then you would buy in at about 200. But look what the market did for two years after Black Friday.   It went down to about 50. You would have lost around 75% of your capital.