Quote:
Originally Posted by ohio_peasant
Sage advice, but much easier in theory than in practice. It's like saying, "Marry a good woman, treat her well, and stay married for life". OK, ideally, yes. But it's more of an ideal than a strategy.
Good companies are hard to find! This is why the less talented among us (such as your humble author) prefer index funds.
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Buying diversified funds is like having a harem …. You have some wives you will keep forever and one’s you want to get rid of …
Odds are the good ones outnumber the ones you wouldn’t keep over time