You're both in the business of making money. If buy and hold is more effective than trading, the trader is losing. Fairly relevant: https://www.aei.org/publica

You're both in the business of making money. If buy and hold is more effective than trading, the trader is losing. Fairly relevant: https://www.aei.org/publication/warren-buffett-wins-1m-bet-made-a-decade-ago-that-the-sp-500-stock-index-would-outperform-hedge-funds/ https://www.aei.org/publication/warren-buffett-wins-1m-bet-m...