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Warren Buffett buy-and-hold approach for stocks may be wrong for you

Warren Buffett buy-and-hold approach for stocks may be wrong for you

Roughly 40,000 of Warren Buffett’s cult-like army of devotees will descend on Omaha for Berkshire Hathaway's annual shareholder meeting. As he has done at virtually every other Berkshire Hathaway meeting over the last five decades, CEO Warren Buffett argued at the company's annual gathering this month that investors should buy and hold a stock index fund for the long term. What has changed over the years, however, is investors’ receptivity to Buffett’s approach, which calls for holding onto stocks through thick and thin regardless of ups and downs in the market.  Investors recently have been far more willing to believe him than they were at the depths of the financial crisis a decade ago, for