MV Oil Trust (MVO)

[Investorman]

I wouldn't put much faith in the author of the review you read. MVO has done much better than that. Yes, that might hold if you kept it until liquidation but why would someone do that?

Mutual funds have been proven to lose money over the long run (for everyone except the fund managers who take your profit) Exception: index funds.

Ten years ago the DOW was below 8000, today it is at 14,000. Long term investors have done just fine particularly if they have been in dividend paying stocks.

Most people don't have Buffet's ability... even when they try to do the same kind of analysis. Probably for the same reason all baseball pitchers can't duplicate Sandy Koufax's ability. It seems to be an innate thing.

As for trading frequently, it seems to be a mindset. Gambling vs investing. Those that paniced and sold a couple of years ago guaranteed they would lose money in the long run.