I think always rebuying is correct if you think you have an advantage over the field, and if you don't have an advantage over the field you obviously shouldn't be playing in the first place. Having the chips at the beginning to build a big stack is important.
I don't believe always adding-on is correct. If you have a massive chip stack at the end of the rebuy period, the relative advantage of adding on another 2% of your stack isn't really worth the investment to get it, imo.
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