Beyond Buy-and-Hold
By Rob Bennett
Our economy is a mess.
The premise of this new column (you’ll see it in this space each Wednesday morning) is that Buy-and-Hold has failed. Each column entry will examine a different principle of Buy-and-Hold Investing, explain why we now know that things don’t work in the way that the Buy-and-Holders say they do, and describe what those of us who believe in the Valuation-Informed Indexing Model (the alternative to Buy-and-Hold) believe instead.
The focus of this first column entry is -- How Buy-and-Hold caused the economic crisis and how switching from Buy-and-Hold to Valuation-Informed Indexing will bring about a recovery.
