The best market days?

Artificial Intelligence

Not disagreeing with the conclusion ("stay invested") but the "missing the 10 best days" argument always makes me laugh. So I decided to calculate the annualized returns when missing the worst trading days.

🤑It turns out that missing the 10, 20 and 30 worst days gives you 14%, 17% and 19% annualized returns over the same period. In other words missing the "worst" days boosts returns by as much as missing the "best" days reduces them.

Staying invested is still a great and easy idea. For example, getting out after a bad run is the best way to miss out on a rebound coming right after. That's a simplistic example, but still better than "missing the 10 best days".

🫣This is not investment advice. I've been a lousy public equity investor for 35 years. But with a sad 9.8% annualized return, I should have stayed invested.