Subject: Re: Some things never change
I certainly agree that "buy and hold" makes an enormous amount of sense a lot of the time for a lot of people, but not so much that one would mock those who do otherwise and make more money thereby.
No mocking by me. Just respect for those who can do it well over time.
Somehow I'm reminded of an interview with Warren's first wife - not long before her sudden passing. IIRC, she was asked about why Warren keeps involved in making money at his age. She replied something like - Warren doesn't do it for the money. It's just his way of keeping score.
For those who can play the game well for a long time, it must be great fun. Warren seems to think so.
I'm very glad he does. And that Jim shares his insights, ups, and downs with us as he also plays the game very well.