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Spitznagel Blasts 'Buy-And-Hold': "It's More Like Hope & Prayer" From Here 

By: capt_nemo in POPE IV | Recommend this post (1)
Sun, 11 Mar 18 11:51 AM | 83 view(s)
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The moral of the story: Let's not rely on the market's historical average return to buy-and-hold ourselves to presumed safety. Buy-and-hold is not an effective risk mitigation strategy (and neither is diversification, for that matter..

http://www.zerohedge.com/news/2018-03-10/spitznagel-blasts-buy-and-hold-its-more-hope-prayer-here




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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