I could not disagree more with this story… “Why it is usually a mistake for investors to take profits” The gist of it is, if you find a great company, buy the stock and hold on. However, the article goes on the explain the flaw in the strategy that it advocates, citing research on the matter:
I love this stat. Do you have a source?
“If 60% of the stocks listed don’t even beat one-month t-bills, what are our odds of picking the next AAPL, HD or AMZN?”
Thanks!