Why "Buy and Hold" is a Winning Strategy

Summary

Michael Batnick and Ben Carlson argue that buy and hold is the best investing strategy, despite its difficulties. They assert that market timing is nearly impossible for most investors and compare buy and hold to democracy as the worst form except for all others.

• Michael Batnick states that buy and hold beats almost everything else.
• Ben Carlson compares buy and hold to democracy: the worst form of investing except for all others.
• The speakers emphasize the futility of trying to time the market.
• They note that even talented traders are rare and most people cannot consistently win by jumping in and out.