Jim Cramer’s Mad Money extolls the virtues of stock picking. Let’s take a look. One peer-reviewed study found Cramer’s stock picks underperformed the S&P 500 index from 2001-2016. His picks returned 64.5%. The S&P 500 index (including dividends) returned 126.1%.
Have you heard the expression: “It’s not what you make, it’s what you keep?” It applies to investing.
Clearly, relying on the predictions of stock “gurus” is not an intelligent, reliable, responsible way to invest.
Dan’s November 10, 2016 Newsletter
Dan Solin’s November 10, 2016 Newsletter