Since the beginning of 2025 the market has had many concerns.

A good buy and hold strategy stays 100% invested in the S&P or better. During this time Stars buy and hold strategy has been 7 percentage points above the S&P.

By comparison the average of Berkshire Hathaway, Blackrock, and Blackstone has been 20 percentage points below the S&P in 2025 and another 11 percentage points below so far in 2026. The compound effect is that the three funds are 42 percentage points below Stars since the beginning of 2025. Most of this massive underperformance is due to Blackstone.

This shows how difficult it is to outperform the S&P even with a portfolio of good funds. One underperforming holding makes the job almost impossible.

Stars holds the best 1.5% of all stocks in the two ETFs SPY and TQQQ. Stars only rebalances at year end. This rebalancing of the volatile TQQQ is responsible for the massive outperformance of Stars over time. Stars does not try to capture mid year corrections. Doing so does not improve 25 year performance and only increases 15 year performance by 2% per year.

The most profitable long term investment strategy that I can find is buy and hold either the S&P or Stars.