The Texas populist take on the tax cut

Doug Henwood dhenwood at panix.com
Sat Jan 11 08:55:39 PST 2003


Jordan Hayes wrote:


>I continue to believe this. But what I was talking about earlier, in
>response to Doug's vague "buy and hold is better" statement (which is
>only supported to the extent that most people who buy-then-sell ought to
>have just bought; it doesn't say anything about which ones to buy and
>why), was particular decisions about particular stocks.

Why you buy index funds of course. If you're lucky, you'll almost match the averages.

Doug



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