The reasons given here are precisely arguments for buying index funds and holding. But I'd be interested in seeing the results for a fund that holds the top 50%, 25%, and 10% performers at any time, let's call it a momentum fund, to approach the 4% of winners. Could you write about this?
Here's an opposite answer: wine.
It's hit or miss regardless of price. $10 to $15 per bottle gets some really good ones. (Pricing based on NYC suburbs.)
For indexing to work, there must remain substantial number of investors (or gamblers) who actively trade and, more importantly, to believe in the stock market as winnable. Contempt for indexers is precisely what is needed to keep indexing viable.
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The reasons given here are precisely arguments for buying index funds and holding. But I'd be interested in seeing the results for a fund that holds the top 50%, 25%, and 10% performers at any time, let's call it a momentum fund, to approach the 4% of winners. Could you write about this?
Post: The Cardinal Sin
Link to comment from September 25, 2021
Here's an opposite answer: wine. It's hit or miss regardless of price. $10 to $15 per bottle gets some really good ones. (Pricing based on NYC suburbs.)
Post: When have you insisted on paying the lowest cost possible—and regretted it?
Link to comment from April 17, 2021
For indexing to work, there must remain substantial number of investors (or gamblers) who actively trade and, more importantly, to believe in the stock market as winnable. Contempt for indexers is precisely what is needed to keep indexing viable.
Post: Is there a downside to the current popularity of indexing?
Link to comment from April 17, 2021