“If Buy-and-Hold Were a Real Thing, Those Who Advocate for it Would Welcome Questioning of Their Strategy.”

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

Strategies that are claimed to be researched based, yet yet have never had one successful outcome, are not super hot.  Results matter.  It is what pays the bills.

Valuation-Informed Indexing has been providing investors who use it with higher returns at dramatically less risk for as long as there has been a stock market. The peer-reviewed research that I co-authored with Wade Pfau shows that beyond any reasonable doubt whatsoever. That’s why the Buy-and-Hold Goons threatened to destroy his career if he continued to do honest work in this field.

If Buy-and-Hold were a real thing, we never would have seen something like that happen. If Buy-and-Hold were a real thing, those who advocate for it would welcome questioning of their strategy.

My sincere take.

Rob