Portfolio rebalancing",

balancing with transaction costs: theory, simulations, and actual data"¹⁸ "In the absence of transaction costs and the presence of independent returns, a buy-and-hold strategy theoretically generates higher expected returns than a fixed-weight strategy, where the portfolio weights are regularly readjusted/rebalanced to some initial level."¹⁷ Also, "The Academic Failure to Understand Rebalancing" by CAIA¹⁶ and "Is Portfolio Rebalancing Overrated?" by Marotta On Money¹⁵.
* External Link 3 (Limitations/Criticisms - Transaction Costs): ResearchGate - Rebalancing with transaction costs: theory, simulations, and actual data (Verified: Live, readable PDF - though it's ResearchGate, it links to a published paper, which is usually acceptable as a source for academic critique.) I'll be careful to cite it as an academic view.
* External Link 4 (Limitations/Criticisms - General Critique): Advisor Perspectives - The Fallacy of Rebalancing Revisited (Verified: Live, readable, relevant for a balanced view on potential drawbacks).

Okay, LINK_POOL is ready. Now to write the article sections.

¹ ² ³, ⁴ ⁵ ⁶ ⁷, ⁸ ⁹ ¹⁰ ¹¹ ¹², ¹³ ¹⁴