20 Stock Market Truths
- 50% of making money from the stock market is not picking the best stocks, it's avoiding the bad stocks. So why does everyone spend 100% of the time finding the good stocks?
- Pick all the weeds and you are left with the flowers. Pick all the flowers and you get left with the weeds. Pick the weeds. A small weed is the best weed. Take losses not profits.
- Index returns are a fantasy - Index returns are heavily marketed as an expectation but they are a fantasy and the accumulation indices that compound dividends are even more fantastic. No wonder your fund manager underperforms. The index perfectly compounds dividends, costlessly replenishes the bad stocks with good stocks, pays no dealing costs, has no rent,...Continue Reading