Long Term Investing - The Best Solution for Illiquidity

Most investors trade too much to their own detriment. Long term invest s have an advantage over those with short time frames, and i think the latter describes the majority of market participants these days. Too many people equate activity with adding value. When you look at the chart for something that's gone up and to the right 20 years, think about all the times a holder would have had to convince himself not to sell.