I don't see how developing a set of tools to better understand the forces impacting markets -- historical cycles, psychological forces (greed, fear, and apathy), fundamental issues (balance sheets, management, income statements), technical analytical tools (charts move markets as much as markets move stocks), massive governmental stimulus -- is anti-mustachian.
Any one who bothers to read this thread -- and damn it's a long one, but good debates tend to last a while -- knows exactly what I'm all about. I've tried to stimulate discussion/dialogue and to give real-time examples of practices that may seem foreign to most.
Fundamentally, I vehemently disagree with Mr Mark and Arebelspy on several core issues: first, I think it's possible to see the stock market passing through various cycles which necessitates a different investment allocation depending where we are in the cycle. While "timing" the market on a daily basis is a fool's errand and should be attempted only with play money, "timing" the markets based on their short and long cycles is an entirely different animal and a vital tool for good investing.
Second, I believe that cash is an asset too, and that discouraging investors from maintaining high levels of cash is just bad financial advice given our current market, which includes: flash crashes; opaque HFT trading; trillions in governmental liquidity (which you and I must pay back); toxic debts; "too big to fail" banks; sovereign debt collapse, etc. These are the most rigged, artificially jacked up markets in history, so for me to say "yeah, just go ahead and pump your money into that index fund at these levels because over time you make money, etc," I need to suspend my better critical judgement.
Third, I think introducing technical, psychological, and fundamental analysis into our ability to discuss stocks is not an invitation to go hog wild buying and selling stocks based on this or that indicator, but rather an attempt to demonstrate that the market does possess an inner logic which -- while not fully obvious to mere mortal investors -- is capable of being talked about intelligently and described.
Or as Shakespeare put, there are more things in heaven and earth, than are dreamt of in any of our investment philosophies. Mustachians out there know this and don't need to be told what to do by any of us.