Media-preferred securities lists are good for filling space for radio/TV/cable, newspapers, magazines and blogs. They make up content for investors thinking of ideas.
Those lists do little for investors because those who devise lists are usually off the mark.
It’s very difficult to pick securities that are going to go up in a short time. Top executives in the companies themselves know little about how well their corporate securities will do in the market-place, where conditions other than their company’s fortunes affect market value. How can you depend upon an analyst working from a perspective outside the company?
That is why index funds so often outperform managed security portfolios. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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