Buffett once said: โItโs not about timing the market, itโs about time in market.โ
There should be a step down in capital gains tax for individuals as they hold stocks. 20% per year decrease in cap gains tax. 0% after a five year hold period.
Incentivize long term behavior.
@RealMikeWilbon Good guy. Drove by his house many years ago, saw him washing the car. Got his autograph and threw the football around with him and his son.