Strategy:
We obtained data from @corporateknight. They 1. Consider only companies with a cap of more than $1 Billion.💰 2. Have data for 17+ years ⌛️ 3. They take 21 KPIs into account. Very comprehensive method
Data in post👆
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. 😀 3. You would have beat the market doing so. 9% over the last 1 year & 38% till date! 📈
Data in post 👆
But would your nerves be strained? 🤔
@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.😏
Avoid the "us vs them" game. 🚫 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. 📈📉
Time in the market beats timing the market.
Morgan's writing is👌. bit.ly/mhousel