4 Comments
User's avatar
Brian McCann's avatar

Excellent article. I sometimes think that we underestimate good research and good common sense. One additional point I would add - individuals can invest where professionals can’t - very small companies. Institutional investors can’t participate because the liquidity is too low. Individuals can do quite well if they are interested in basic research

Expand full comment
Best Anchor Stocks's avatar

I agree with this additional point, although I think there's also alpha in large caps. We have seen it as of late, with megacap stocks posting great performance even though they have thousands of analysts following them!

Expand full comment
Liberty's avatar

Hey Leandro! Just wanted to mention that I linked this piece form here:

https://www.libertyrpf.com/i/125971995/holding-period-of-stocks-over-time-measured-in-years

Cheers 💚 🥃

Expand full comment
Best Anchor Stocks's avatar

Thank you so much Liberty!

Expand full comment