Buy and Hold Will Return

I’ve been seeing a bunch of “buy and hold is dead” pieces.  Here’s an example.  Look, my view is that investment methods travel in eras.  I remember the 80s-90s, where buy-and-hold was the rage.  I also remember the 70s where tactical asset allocation returned, as well as gold bugs and other tangential market participants.

The popularity of investment styles is a trailing indicator of investment performance.  Buy and hold will once again be popoular after three years of a rising market, and that should arrive in the next 20 years sometime.

It may take too long, but “buy and hold” will return.