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A comment on Average stock ownership: 22 seconds. Parent comment

Re:Average stock ownership: 22 seconds by wladimir on Monday January 10, 2011 @06:01AM (#2088085)
Yes, his strategy is about the opposite. It relies on doing very good stock picking and then holding the stocks for a long time.

I wonder if buy and hold is as good of a strategy now as it was back when he started. He had the luck to start at a time from which there was a decades-long growth in the stock market.

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Re:Average stock ownership: 22 seconds by AndyParkinson on Monday January 10, 2011 @03:19PM (#2089599)
It is.

Size is Buffett's anchor now. If you give him a small amount of money, say $50Million, I think he'd do wonders with it.

I model my investing style after what he was doing about 10 years into his career and its worked out well for me with very little stress. The only reason I sell is if I find something that looks like a better value, but even if I'm right to move elsewhere the taxes make me question my decision every time.

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