We know about an investing strategy that
beats Buy - and - Hold in 102 out of 110 time - periods, an investing strategy that permits us to obtain far higher returns at dramatically less
risk, an investing strategy that permits us all to retire years sooner and that would bring us out of this economic crisis if we could share it with millions of middle - class investors (if people could switch to an
investment strategy that would put their retirement plans back on track, they would feel
free to start spending again and businesses could start hiring again), and our first reaction is to come up with convoluted arguments as to why the best thing to do is to AVOID learning more about it and to AVOID getting the word out to the millions of middle - class people whose lives we have destroyed with our promotion of Buy - and - Hold.