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A More Rational Approach To Examining Investment Outcomes
FYI: I have a bone to pick with investment bloggers, myself included. We all like to discuss historical returns in a way that isn’t all that practical. We might say something like, “If you had bought the S&P 500 on January 1, 1980 and held for 30 years then …” But, this kind of analysis is imaginary. Even putting aside the difficulty of practicing buy and hold, very few people invest like this.
