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> the best strategy for the last 20 years (with hindsight) would be to buy the shares that have performed best over this period, The best strategy doesn't seem
by teachingassist 5y ago
> the best strategy for the last 20 years (with hindsight) would be to buy the shares that have performed best over this period,
The best strategy doesn't seem to me to be straightforward to calculate, even with perfect hindsight.
It might be to continually switch in the short-term most profitable asset, after taking into account the transaction costs and risks of influencing the market.
- Grustaf 5y agoSure, it's just an example. Let's say you're looking for the best buy and hold strategy then, the point is that what you actually want in the future is a strategy that doesn't depend on the particular circumstances in the preceding 20 years.