Why do so many people on blind pick individual stocks?
Dec 24, 2020
37 Comments
Time after time data has shown that individual stock pickers significantly underperform the broader market because they always invest at the peak of the bubble and tend to sell low.
Yet so many blind investors seem to be chasing random tech companies by stories instead of valuation? Why? Is this just another bubble or is everyone on blind the next warren Buffett?#personalfinance #investments
comments
I get it that you don’t have to be a genius to make gains during bull market, but for something so easy and so obvious, why would you not do that.
If anyone thinks buying individual good stocks is buying lottery tickets, then go buy all lottery tickets and you will be rich slowly 😜.