My man, if you’re a long-term buy-and-hold here, I’ve got to admit—you have balls.








Buy-and-hold used to mean patience. Now it means pain. The math doesn’t lie—if you bought Microsoft in 1999, it took 21 years to catch up to the S&P. “Actually, it took 21 years to get to catch up to the S&P… 14 to get to break even.” https://acquirersmultiple.com/2025/01/buy-and-hold-forever-the-truth-about-long-term-investing-strategies/

Most microcaps don’t last. “They’re almost all cyclical… even the winners have four to eight quarters of success, and then they stub their toe.” https://acquirersmultiple.com/2025/01/buy-and-hold-forever-the-truth-about-long-term-investing-strategies/