Over the past 25 years we have seen three different markets. We had a sideways market for 12 years, a rising market for 9 years, and a volatile market for 5 years. In all three cases the Stars buy and hold strategy outperformed the S&P by two times. This outperformance is due solely to the volatility of TQQQ.

SPY and TQQQ are cap weighted funds. They hold on a weighted basis the best 1.5% of the 6,000 stocks. Both are constantly improving what they hold. The average annual volatility of TQQQ is 4. It will stay at roughly that average because the NASDAQ is usually 30% greater than the S&P and TQQQ is a triple.

The 100 year average return of the S&P is 10% per year. The Stars strategy at two times the S&P would yield an expected 25 year return of 20% per year. Warren Buffet earned 23% per year over 54 years. 20% per year over the next 25 years looks very doable.

Most strategies over 25 years are vulnerable to changes in managers and investment strategy. Stars does the same annual rebalancing every year with the same two ETFs.

The average investor underperforms the S&P by 5% per year. Over the past 15 years Stars outperformed the S&P by 18 percentage points per year. Stars outperformed the average investor by 23 percentage points per year. Last year the average performance of Berkshire Hathaway, Blackrock, and Blackstone underperformed Stars by 21%.