Quote:
Originally Posted by louie aguiar
Interesting article- stock pickers consistently can’t beat the S&P.
|
I've come to the conclusion that a big part of this is the massive tech stocks that are so heavily weighted. The only way to beat the S&P for the past several years is to overweight yourself in the FAANGs, which goes against the traditional strategy of diversification. You're either diversified and underperforming the index, or you're overweighted and hoping that none of those stocks melts down.