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A comment on Re-reading Kahneman's “Thinking, Fast and Slow”. Parent comment
Because even in a good year I've done worse than the indices, I've swallowed my pride and shifted much further towards buy-and-hold in indexes.
It's only been a year, so no really valid results yet.
A successful strategy I've used for a long time is to hold my winners instead of selling them to "lock in" the profits.
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Because even in a good year I've done worse than the indices, I've swallowed my pride and shifted much further towards buy-and-hold in indexes.
It's only been a year, so no really valid results yet.
A successful strategy I've used for a long time is to hold my winners instead of selling them to "lock in" the profits.