Stockpicking seems like a fool's errand. Finding a unicorn is highly improbable odds and if you end up making money, it was because the market as a whole was getting healthy returns.
I have spent some time looking at the returns of popular investors who publicly post their results. You can see some examples on places like e-toro if you are curious. In almost every instance, I could hardly see any difference in the returns of their different selections. Some had their portfolios for 4 years or longer and only outpace others by 1 or 2%.
The only exception were a small handful who were up more considerably (they invested heavily into picks like Tesla years back) and a larger handful of those who were bust (Invested heavily into speculative picks).
I don't get the idea. Either your are gambling heavily or just staying with most market trends. If you're in the gambling camp, enjoy living life on the edge I guess. If you're into investing into “blue chips” why not invest into index funds and call it a day?
The only reason I can see people seriously stock-picking blue-chips is to give themselves something to do because they're bored.
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