The buy-and-hold investing strategy remains sound and stocks are fairly-well priced, according toJim Leech, head of the Ontario Teachers’ Pension Plan, appearing on CNBC's "Squawk Box"program ahead of the opening of the 2012 Delivering Alpha investment conference in New York.
"Our buy-and-hold strategy has been working pretty well," said Leech, referring to the traditional investment strategy based on the theory that stocks held for a period of years are likely to appreciate. The value of that strategy has come under question in recent years as market volatility has increased and stock values have largely stagnated. (Related: Investing Basics)