FYI: Josh here – True story, Michael bought a house and had a gap between when his mortgage banker needed cash versus when his apartment in Brooklyn sold. This meant temporarily making sales in his investment account.
This scenario is just one of a million things that happens to investors in the real world, which makes actual results look different from those that can be illustrated by a performance backtest.
Regards,
Ted
https://thereformedbroker.com/2019/04/20/investing-in-the-real-world-not-a-backtest/
