What Alfalfa doesn't realize is there is massive information asymmetry between him and the like of Buffett.
Buffet has access to all kinds of Insider information and Experts and still manages only around 19%. Which shows his method of holding long term is the problem. He doesn't time his Buys and Sells. The big Institutions using FA and timing slaughter his performance. Then there's the rest who slaughter even those Institutions performance.
Alfalfa is still a beginner Buy n Holder.
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