But how long did he hold it? I would guess it was less than 10 years.
Making a bet that a stock will be up in three years is not a great bet.
Betting that it will be up in ten years is close to a sure thing (
much better if it is not just one stock ). I think that betting that
the stock market ( say the top 500 stocks as in the S & P 500 ) will be
up over twenty years has so far been a sure thing. Future performance
not guaranteed, but...............

I have managed to lose money on stocks. But not on all of them. And
the good have made up for the bad.


Dan