2min chapter

The Acquirers Podcast cover image

Value After Hours S05 E15: Buffet's Japan Carry Trade, Simple Rules allow for Emergent Behavior

The Acquirers Podcast

CHAPTER

The Benefits of Never Selling Your Portfolio

A number of papers have shown that if you just held the S&P 500 and not reconstituted the index, you've done better over time than following the index. I know this is like a little bit sacrilegious, but I actually think there's something to be said for never sell if it's implemented in the right way. Basically if you buy and the things that work, other things that become massive parts of your portfolio and theThings that don't work basically dwindle to nothing.

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