I’ve posted Entry #76 to my weekly Beyond Buy-and-Hold column at the Out of Your Rut site. It’s called Let’s Stop Blaming the Economy for Our Failed Investing Strategies.
Juicy Excerpt: When Buy-and-Hold produces good results, we credit the investing strategy. When the results are poor, we place the blame elsewhere. As Church Lady might observe, “How convenient for the advocates of Buy-and-Hold!” It’s a “heads I win, tails you lose” approach to investing analysis.