The Claim that Buy-and-Hold Is Research-Based Is a Marketing Gimmick
Buy-and-Hold is not a research-based strategy. I once believed that it was. I was once a Buy-and-Holder myself because I … Read more
Buy-and-Hold is not a research-based strategy. I once believed that it was. I was once a Buy-and-Holder myself because I … Read more
I believe that the people who developed the Buy-and-Hold stock investment strategy made a mistake. The Buy-and-Holders often advise investors … Read more
Many people believe that there’s research showing that market timing doesn’t work. There isn’t. It’s a myth. There’s research showing … Read more
The Buy-and-Holders got a lot of things right. I believe that they made a terrible mistake in thinking that valuation-based … Read more
Stock investing is a solitary endeavor. The purpose is to finance your personal old-age retirement. It is your job to … Read more
Buy-and-Hold is nothing new. The term is relatively new. But the idea has been around for as far back as … Read more
Stock investing is a cereal business. No! No! It is a serious business. Why did I say it that other … Read more
Robert Shiller was awarded a Nobel prize in 2013. It was for his 1981 research showing that valuations affect long-term … Read more
My Buy-and-Hold critics do not post in good faith. They have zero desire to learn. They want to suppress learning. … Read more
Sometimes it’s a good idea to cut through all the jibber-jabber and just make the point that needs to be … Read more
It’s scary. Irrational exuberance is scary. We want to invest effectively. Everyone does. Why wouldn’t we? But this idea that … Read more
It’s not just that market timing is not bad. Market timing is good. Market timing is price discipline. Price discipline … Read more
I am working on a book that will be titled “Investing for Humans.” That’s a strange title. All books on … Read more
I completed a 12,000 word article titled “Buy-and-Hold Is Dangerous” in February 2019. It took me a long time to … Read more
I believe that the Buy-and-Hold retirement studies claiming that the safe withdrawal rate is always 4 percent are in error. … Read more