Are you a Stock Picker?
A friend just found this article and sent it through to me. It’s titled :
Stop Picking Stocks — Immediately! Why the world’s greatest stock picker stopped picking stocks, and why you should, too.
It is an interesting read and talks about how Benjamin Graham (known as one of the worlds greatest stock pickers) in the end believed that is was just too hard and not worth it. In his early days of the 1930’s and 40’s the stock market was a lot less sophisticated than it is now making inside and special information uncoverable if you searched hard enough. But these days insider trading is illegal and all information about all trading companies is released to everyone at the same time.
Anyway have a read of the full article for a different point of view and ask yourself how are you going picking stocks? Is it worth your time? Is it worth the money?