Read? The Art of the Good Life #50 : Sturgeon's Law
Sturgeon Law states that 90% of everything is crap, or rather “crud” if you prefer.
Hmm .. It seems to be true in Uncle8888's stock picking skills for his investment portfolio after 19 years from Jan 2000 to 29 Nov 2018. 90% of his stock pick are really crap!
Top 3 winners offset all the losers!
3 out of 56 stocks is about 5%. Simply 90% of all other stocks are just crap!
So he might be better off waiting 90% of his time to filter out that 10% at the next Bear market!
Less analyzing. More investing - CW8888 ...
