Not if you are in your 20s and 30s. You may want to read Jeremy Siegel's book on "Stocks for the Long Run". It is actually not that difficult to find a few "buy and forget" stocks. I wonder if there is a PhD thesis looking at long term trading. For us, it is too boring to just collect stocks, like watching grass grow so we trade. It is more exciting and we hope more profitable.
Seems good sound, buy and forget stocks, but however in investment business, also there are some difficulties to choose right stocks that can buy for long run in profitable, use money that afford to buy and forget assume it's money vanish already .
I think you are right. I remember thinking how it was a stat arb guy who was endorsing deep value fundamental investing.
It's veru good I think if already endorsing about fundamental analysis, on stocks this will very important as trigger before making decision