“If Buy-and-Hold Were a Real Thing, There Would Have Been a Rush to Get the Study Corrected as Soon as Possible. No Controversy Whatsoever.”

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

So you have no examples. Got it.

The entire 20 years is an example, Anonymous. If Buy-and-Hold were a real thing, there would have been a rush to get the study corrected as soon as possible. No controversy whatsoever.

The goal of investment analysis is not to avoid ever having to acknowledge having made a mistake. The goal is to help people invest more effectively. New research is a plus, not a minus.

Rob