[knownothing]

Right. You would had to have bought and held until today for my claim to be true (and it is only true at the time I write this). But it's still the case that you could have bought in any peak or trough in the periods you're referring to and still have significant realized/unrealized gains right now.

[krrrh]

Sure it’s true, but it’s a tautology to say it when something is at an all-time high.

[knownothing]

What's your point? I basically say that in my posts.

[csomar]

The difficult part is holding through the bear period. I'm pretty sure not so many investors can do that.

[knownothing]

Correct. The most difficult part of trading/investing/betting (call it what you want) is often confronting your own tolerance for risk and uncertainty.