Active trading is a skill that can be profitable if achieved but disastrous if you fail. Value investing is benefiting from a long biased market, delayed taxes on compounding gains, and a banking system that rewards hodlers and the smart use of debt against it instead of creating a taxable event by selling. But it teaches you to so nothing, essentially, putting you and your emotions at the mercy of the market swings making you an inactive participant.

They’re both wrong because it’s only a small piece of financial strategy presented as the whole picture.

In reality, each one is a wolf speaking the gospel of braising to brand new baby lambs.

Wee lamb.

But seriously, do both Active and inactive trading/investing until one just doesn’t work for you. Choose the thing you’re good at that makes money and repeat.

I like Graham well enough.

But Rockefeller is my lord and savior

and Kirby Rosplock is my teacher of the gospel of finance.