On: Buy and Hold is a Myth

[tptacek]

What the fuck ever. VFINX and SPY consistently beat actively managed funds. Cherry picking a single swing and saying you could have gamed it isn't a convincing argument.

[steveplace → tptacek]

This example wasn't a swing. Swing timeframes are under a month. This was an ETF doubling in 5 years and giving it back in under 1.