That's simply too much work, and the transaction fees would eat up your potential profits.
That simulation of "all days" is extreme, I would prefer (i.e. it would be more realistic) if it was something like "on the 1st of each month buy for x money".

In practice: Just put in a lump sum at the start (statistically it's a better decision than DCA in 2/3 of the cases; yet we are emotional beings and it might be "easier to stomach" to split that up into several chunks and buy gradually).
And keep on adding monthly-or-so savings into the fund (which is essentially another form of DCA).
That is, if your intention is "buy & hold".

Stocks were oversold hence they bounced back. This happened during the crash of 1929 as well. After 30 months they were at -86% from the top. This corona thing has a long way to go I am afraid.

Actually for a stock picker the next 2 years will produce amazing opportunities, index funds will do poorly due to holdings in everything, so many business's will suffer Airlines, Banks & some manufactures. Car insurance will be insanely profitable for the first time in many decades as people hardly use their cars but have paid the normal premium.

It is still too early to say if stocks will be the best investment and which stocks will be winners.

Stocks have always been the best investment over the long hall by a huge margin. The 20th Century was amazing, let's recap, Spanish Flu, Great Depression, 2 World wars.........

Careful when listening to investment advice from anonymous strangers on the interwebs. You're not going to get screwed on this forum but that doesn't make every opinion valid or suitable for your situation, honest as it probably is.

At the end of the day only you can decide. That's why you want to arm yourself at least with fundamental investment knowledge to weed out at least most of the chaff. Read a book or three and read a financial newspaper for a few years.

And do mind those bloody recurring costs, it's the only thing you know with certainty about the future.

Those insurance companies which have nice firewall between their car insurance business and their holiday cancellation insurance business might do well.

You are missing the point. They are not the same stocks.

What stock is he refering to??? I do not see any mentioning of stocks.

For me there are a couple of points: someone who managed to retire early and live off his investments, seems to me a creditable source :-)

Secondly: unless you can trade real time, you will almost never be on time.

So for me, thirdly, I just invest every month something. Yes, one month less stock, the next month more. Over time it has built me a nice portfolio.

Working in the financial sector I know that I do not know it all.....

I doubt the holiday insurance will do too badly either , Covid 19 will unlikely be covered, the person won't go on holiday & the insurance keeps the premium.

Most companies cease to exist after 10-20-30-40 years. My point is that they are not the same companies that survived WWII, not the same companies you would buy in the 80s or the 90s. Most companies we buy today they went public after 2000 (mostly technology stocks that lift the markets).

Indeed but we are in a bull market that started in 1982.

As this is the Fundsmith thread, I will point out the average company held in the portfolio was founded in 1928 so 92 years ago, so please do some research rather than spamming the thread with irrelevant information.

ok you have a point here. as I don't have time to look at the investments of this money manager I am not going to post in this thread anymore.

Good luck.

Nobody forces you. But even risk managers can learn something :-)

9th shareholders meeting of Fundsmith
https://www.youtube.com/watch?v=PZy9-4Z_4i8

FF, have you ever attended in person?

I was thinking about it this year as I was in the UK for a wedding on 29 February but something else cropped up so I could not go early.

Just watched the video of the February AGM. Left wondering what Julian Robins (now a US citizen) is doing about PFIC and US income tax.

Julian Roberts has lived in the US for many years. FS do have a fund for US Citizens &residents so possibly he invests via that. He is also a partner in the LLP.

He has been resident in the US since the start of Fundsmith, this is confirmed by the 2010 incorporation found here
https://beta.companieshouse.gov.uk
Fundsmith LLP, then filing history page 2 at the bottom