Quote of the day by Alfred Winslow Jones: "The tools that get investors and speculators in and out of the market only after some widely followed average has turned must obviously exaggerate the movements of the market"

Alfred Winslow Jones warned that investors reacting only after widely followed market averages turn can amplify market swings and lead to late decisions. His insight highlights crowd behaviour, momentum and the risks of chasing established trends instead of anticipating moves.