Buy and Hold and Hold and Hold and ….

From David Baskin’s blog:

We like the style usually called “buy and hold”. It is based on using fundamental research to buy stocks that we think we will want to hold for a long time. Once, when asked what his ideal holding period was for a stock, Warren Buffett answered “forever”.

Eddy Elfenbein, who runs a site and newsletter called Crossing Wall Street creates a stock buy list of twenty-five names every new year, and then holds those stocks for the entire year. I am sure he agonizes over every name on the list, knowing that he will be looking at those stocks each day for 12 whole months. (By the way, he does a terrific job and his newsletter is well worth reading.) He is a good example of a “buy and hold” investor.

But imagine if you had to hold every stock you bought for five years. No mulligans, no do-overs, no substitutions. You buy it, you own it for sixty months. What kind of portfolio would you build?

Check out the whole thing.

Posted by on January 12th, 2022 at 5:23 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.