“If Buy-and-Hold Were a Real Thing, No Buy-and-Holder Would Be Banning Anyone From Anything. If It Were a Real Thing, the Buy-and-Holders Would Be Inviting Challenges to Their Thinking. That’s How You Deepen Your Understanding of a Subject Over Time.”

Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:

Wrong again. After your long response to him after the first comment, he then followed up by saying:

“Sadly, your response is exactly what I wrote you about.” He then banned you from the Asset Builder website.

If Buy-and-Hold were a real thing, no Buy-and-Holder would be banning anyone from anything. If it were a real thing, the Buy-and-Holders would be inviting challenges to their thinking. That’s how you deepen your understanding of a subject over time.

The appeal of Buy-and-Hold is the Pretend Money that it creates. The downside is that the Pretend Money always disappears in time. Millions of people get hurt in very serious ways when that happens. I believe that we would be better off just telling people the truth about how stock investing works in the real world. Then there are no price crashes and no economic crises and many fewer failed retirements. I can live with that.

Rob