I would love to see an experiment where you take 500 randomly selected performant stocks and compare them with the performance of the S&P 500. I have this feeling that it as a list isn't necessarily that special.
Oh the day when the people in general find out that big finance is essentially the rich throwing darts at a dartboard. Nassim Taleb eat your heart out.
sumolessons•54m ago
Not orthogonal to your point, but a distinctive feature of market-cap-weighted portfolios is that they are inherently self-rebalancing.
AfterHIA•1h ago
Oh the day when the people in general find out that big finance is essentially the rich throwing darts at a dartboard. Nassim Taleb eat your heart out.
sumolessons•54m ago