Stock Picking is Time Consuming & Destined for Underperformance
I haven’t always been an index fund investor. When I started investing, I was a value stock picker. I wanted to invest in companies stocks that were sellingbelow than their intrinsic value. I spent hours reviewing company annual reports, Securities and Exchange (SEC) documents and listening to company conference calls. During those years, there were some amazing wins–I bought Oracle priced in the teens and sold it for over $100 p...
Published on June 05, 2016 21:00