Choosing stocks randomly, is a revolutionary method on investing, because on long term, gives you greater profits and you beat the benchmark index and the vast majority of market Professionals.
Nowadays, it’s a common knowledge that the big majority of market Professionals (80-90% of them) underperform against the benchmark index like S&P 500, on long term. That’s why, passive investing considers to be an investing revolution, because a simple investor (non professional) can succeed through index investing, better returns on long term than the Professionals. It is truly a revolution because with a such easy method like passive investing is, someone can succeed better results than Pros that have much more means and information.
And now comes out the new revolution, this of random investing! With random investing, someone can succeed even greater returns long term comparable to passive investing.
If you are skeptic in my words, see a scientific paper that studies this topic here. As also see an article with a market professional that uses random picking, here, and in the period that use random investing, his Fund outperforms.
In my book I analyze in depth this new concept of random investing simultaneously with some other ‘details’, but ‘details’ that are important and useful for someone to succeed on investing.
Furthermore, as the basic part of the book is random investing, the book is simple because random, does not demand analysis and special means or equipment. It is the easiest method for really successful investing on long term, you can find.
Find my book, HERETIC INVESTOR, here.
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P/S: The same article in Greek, here.
Turning the pages of HERETIC INVESTOR (the Greek version but the English that was the original first version, is similar)