A "Buy and "Hold" investor and a GARP investor focused their portfolio in the same stock over a $2-$year span. What is the biggest reason why the Buy and Hold investor would have greater profit?

GARP investing does not try to out$-$perform other investment types

GARP likely had more short$-$term buy and sell transactions, accumulating capital gains taxes

Buy and Hold investors do more research on the market timing of their purchasing decisions

All of the above