Two-Year Minimum Hold Rule

"If a Stock Tumbles after You Buy It, Don’t Sell It for Two Years"

"The Rule: Before buying any stock, make sure you like it enough to hold on for at least two years, even if the price halves right after you buy it."

"I also wanted to copy Buffett by allowing investors to redeem their money only once a year. This helps the fund manager to invest for the long term, which benefits his shareholders. It also helps them psychologically because they think less often about how the fund is doing and whether to sell. After all, inaction and patience are almost always the wisest options for investors in the stock market."

"should be willing to own it even if the stock market were to close the next day and not reopen for five years."