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The only reason I'm continuing this discussion is because of its context relative to gorilla gaming.

But not everyone is comfortable with the amount of faith that LTBH requires, and there are many other choices, not all of which are incompatible with GG investing.

By definition, gorilla gaming is LTB&H once consolidation of the portfolio takes place. Anything else isn't compatible with gorilla gaming because it isn't gorilla gaming. It might be wildly successful but it ain't gorilla gaming.

And I really do wish you'd show the tax impact. It's not an opinion -- it's a fact -- that the taxable account using anything other than the longest of long-term strategies has to outperform on a pre-tax basis the LTB&H strategy in order to achieve the same after-tax results. It's my opinion that people who don't understand the magnitude of overperformance required to do that will be mislead by the generalized statements you're making.

--Mike Buckley

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