3 ms·
I think you're absolutely correct. Stock picking is roughly a winner-take all game where you are facing off against incredibly smart and prepared people. Unfor
by Gunax 6y ago
I think you're absolutely correct. Stock picking is roughly a winner-take all game where you are facing off against incredibly smart and prepared people.
Unfortunately, I have heard of several people[1] that have switched from passive funds to research and stock picking. One week of market silliness may have un-did decades of teaching the public to not pick individual stocks.
While it's nice that more people are going to start reading 10-Qs and learning what a put is, it's almost certainly going to be a net-negative.
[1]https://twitter.com/TrumpSC/status/1354197824494325764 https://twitter.com/TrumpSC/status/1354197824494325764