And Duma, I personally don’t see anything wrong with your suggestion as an experiment. If it’s something you want to do, just do it. I’m in no way insulted. Really, really really! I swear it!
Good grief…can no one here read??
This is NOT my suggestion…I am merely pointing out that Smorg’s post on your trading over 3 months is NOT relevant or material to ANY investment thesis for the several reasons mentioned.
One would need longer term (hence the suggestion to him that 3 months is NOT useful) AND that tax implications are real and that we have not yet experienced a bear market.
My message FWIW, Smorg’s conclusion that one should trade positions MONTHLY to be like Saul, is not supported by the data set nor valid from tax perspective, etc.
As to whether you had done well had you not sold, the problem knowing that answer Saul is that you weight your ownership rather dramatically for certain stocks…how would we know if the alternative portfolio went 15% on several stocks you sold like BLUE, etc.?
It is not possible to be certain and it was never the point…I was merely referring to the conclusion that monthly churning of a portfolio leads to better after tax returns.