Flip floppers have a bad reputation in politics. People like to see their politicians hold fast to a set of principles or beliefs instead of changing them on a whim. The reality is unfortunately far different from people’s expectations of their elected officials.
In financial markets, flip flopping is actually a good sign because when new information becomes available, it is best to change your mind instead of doubling down on your existing position. All the best investors including Warren Buffett and Stanley Druckenmiller have done it.