We ride out periods of volatility, expecting companies to significantly compound over the long term. Many winners outperform expectations – so why sell? We ride out periods of market volatility rather than cut risk indiscriminately.
By holding multi-year compounders for several years in some cases, a number of EMJ investors (depending on their own situation and locale) benefit from lower long-term tax treatment on their gains compared to other hedge fund strategies based on trading in and out of positions over time.
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