The thing is if you have started investing after covid there is a pretty good chance that your portfolio is green even till today. If I look at my portfolio, its 120% even when nifty has been volatile for last one year, it does not mean I have generated this return all by myself. The whole market went up and so did the returns. Ofcourse if you have started investing before covid then I must say your stock picking is impeccable and you know when to sell a stock, but let me remind you, even when you sell a stock if you have held if for some period of time. You have to hold a stock and give it time to go up in order to sell right?
So stating buy and hold does not work won’t be wise. Of course if you are referring to buy and hold as holding a stock for years no matter what happens to the earnings then its a different argument.
For an analogy, it takes at least a decade for a mongo tree to bear fruits and once it does it keeps bearing until it is cut down. You have to hold a stock irrespective of the time period.
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