The investment principles around selling losers and holding winners are one of the most important and subtle topics in investing; laden with psychological pitfalls
This approach has worked
Today’s FAAMGNs, that is today’s ‘vital few’, will not be the ‘vital few’ 20 years from now
A small percent change in total returns achieved both before and after retirement can make a huge difference in your standard of living after retirement
The rise of passive investing and systematic investing may lead to greater stock market inefficiency. It will have little negative impact on active investors.