What is the value of financial information that the investor is constantly provided?
Does it actually improve your relative performance. In other words does it make you more money than just owning the S&P?
Most information comes with no track record of its accuracy. Most financial advisors provide no measure of relative performance of their portfolio. If track records and relative performance are not available, why should you believe and use the recommendations? I don’t think you should.
The Stars buy and hold strategy requires none of this information. Long term investing strategies that can beat the S&P don’t appear to exist. Events, information, and recommendations are a constant distraction for investors. They constantly worry and change their portfolios about twice a year. Every change produces underperformance about 70% of the time. Constantly chasing past outperformance results in underperformance.
Stars 26 year return ending in 2024 is 21% per year. Its 15 year return ending in 2024 is 32% per year. Stars is up 38 % in the past 16 months since the book “Earn Twice the S&P” was published. By comparison the average of Berkshire Hathaway, Blackrock, and Blackstone is down 23%. It will take a 79% gain in the 3 companies to equal Stars performance over the past 16 months. Waiting for a correction has resulted in enormous underperformance.
When compared to the greatest investors of all time, Stars ranks number 18. The top 17 are not available for investments.