Subject: Re: The S&P 500’s Yield Is Weak.
The only bit that is "timing adjacent" is the belief that a decent opportunity will come along soon enough that the wait will have been worthwhile. Historically that has been true,

I still snicker at the guy who has (had. He stopped posting) a blog on seekingalpha, saying that you shouldn't buy AAPL at 105 but wait until it inevitably came down to 100.
That was before the 4-1 and 7-1 splits, so 100 is split-adjusted 3.57.

AAPL is currently 257. It never dropped down to pre-split 100 after he wrote that.