Buy and Hold? or Buy and Forget?
Let’s start with a famous saying “You Should Never Outsource Your Eyes”
We now produce an illustrative conversation between a client and a portfolio Manager:
Portfolio Manager: Our investment philosophy which says ‘Buy and Hold’, to further clarify the concept internally we think it should be ‘Buy and Forget’.
Client: So, once you are invested what you do?
Portfolio Manager: We search for other better option and we keep monitoring existing investments.