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Fidelity Talks About Which Accounts Have Done Best....

Maybe something for "buy and hold?"

But O'Shaughnessy relays one anecdote from an employee who recently joined his firm relayed one anecdote that really makes your head spin.

O'Shaughnessy: "Fidelity had done a study as to which accounts had done the best at Fidelity. And what they found was..."

Ritholtz: "They were dead."

O'Shaughnessy: "...No, that's close though! They were the accounts people who forgot they had an account at Fidelity."


http://www.businessinsider.com/forgetful-investors-performed-best-2014-9
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