Strategy:
We obtained data from @corporateknight. They 1. Consider only companies with a cap of more than $1 Billion.π° 2. Have data for 17+ years βοΈ 3. They take 21 KPIs into account. Very comprehensive method
Data in postπ
I'm only considering US companies for ease.
(2/n)
Results: 1. You would have made 155 investments to over 56 companies for the past decade. 2. You wouldn't have lost money. π 3. You would have beat the market doing so. 9% over the last 1 year & 38% till date! π
Data in post π
But would your nerves be strained? π€
(3/n)
How sustainable is sustainable investing?
If you are a long-term investor, the chances of losing money in sustainable investing are very slim. Out of the 10 years, you would have lost money compared to the S&P500 ONLY if you had started in 2014.
Check data in post π
(4/n)
Conclusion:
While I started out skeptical, it looks like you can have your π° & eat it too!
You can invest in sustainable companies and also get stellar returns. π
I've shared the data used in the analysis through @RowsHQ .
Check the post and comment! π
(5/5)
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@jimcramer has made 21,609 stock picks in the past 5 years! Here is one person, making buy/sell/hold recommendations on more than 2,200+ different stocks across all types of industries.
On average, he was making 20+ picks per episode of his show!
2/12
While we can all argue about his expertise in making such a wide array of recommendations, what I wanted to know was:
1. How accurate were his predictions?
2. Would you have made or lost money if you followed them?
3. Finally, can you beat the market using his picks?
(1/17) "The new fear and greed" by @reformedbroker. The laws of wealth creation haven't changed, but more than ever, it's driven by envy now.
It's about FOMO and gloating over "I told you so"s for every right decision.π
Avoid the "us vs them" game. π« bit.ly/fear-and-envy
(2/17) "Nature shows how all this works" by @morganhousel. 2 key ideas.
Extreme conditions lead to the other extreme. Booms lead to busts and vice versa. ππ
Time in the market beats timing the market.
Morgan's writing isπ. bit.ly/mhousel