3 ms·
I believe you're slightly mis-remembering; the quote that I'm aware of is "Only buy something that you'd be perfectly happy to hold if the market shut down for
by steveklabnik 3y ago
I believe you're slightly mis-remembering; the quote that I'm aware of is "Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years."
It's a statement about strategy, not about suggesting regulation.
- bluGill 3y agoHe has said that type of thing a lot more often. I seem to recall the suggestion the market shutdown except for once a year as well. As I recall he admitted that it wasn't workable. Or maybe I remember wrong.