Stock picking does work. You just have to pick stocks wisely. Looking at the recommendations of "financial experts" is not stock picking. What is the basis o

Stock picking does work. You just have to pick stocks wisely. Looking at the recommendations of "financial experts" is not stock picking. What is the basis of these so-called "experts"? The fact that they are stock salesman. Do you let a used car dealer advise you on which used car to buy? OR do you do your own research? To further that analogy, this article is saying that because used car salesmen advise you to buy cars that benefit them more than you, you should just give up on picking a car and instead just drive whatever car you're assigned by some entity made up of used car salesman! You may be driving a clunker, but at least you didn't have to think about it. Stock picking works. And not just for Warren Buffett. Using someone else's "hot tip" is not stock picking. But analyzing the economics of the situation, both macro and micro, and the particulars of a given company will let you predict the return you'll get from a given company. You know how to know whether an investment program is rational or not? If it considers prices. A given stock may be a fantastic company, but it may be over priced. When you see people talking completely independant of any price analysis (as they do in this article and the comments) they are essentially debating on whether red or black is going to come up on the roulette wheel. If you don't have the price of the asset as a core feature of any analysis you're just gambling. Commodities are probably the best investment going right now, and for one simple reason: we are in the age of inflation. So, not only will their prices be going up because of inflation, but because people will be piling into them to avoid inflation. Don't take my word on it, though. This is not a hot tip. Learn enough economics to be able to analyze the world. Don't just buy into an investment ideology.