There is nothing wrong with buy and hold executed well...if that fits your investor risk profile and personality.
But you're dead wrong if you think large-cap stocks provide safety from risk. Plenty of large-cap stocks have disappeared completely, another large cohort have had terrible returns.
Any strategy is only going to work if you put disciplined position sizing/money management rules in place. Rules that allow you to trim the dogs and keep the winners, whilst making sure that any large losses don't fatally wound your portfolio.
But you're dead wrong if you think large-cap stocks provide safety from risk. Plenty of large-cap stocks have disappeared completely, another large cohort have had terrible returns.
Any strategy is only going to work if you put disciplined position sizing/money management rules in place. Rules that allow you to trim the dogs and keep the winners, whilst making sure that any large losses don't fatally wound your portfolio.