This is r/stocks, there’s a different (and better) sub for investing. I understand the desire to be par with the market, especially after many people got blown out in 2022. But there ARE people who are good at picking stocks, and it’s NOT that hard, and people should be trying to learn from them, not settle for a market return. There was a great post of DD here a few weeks ago on Duolingo, with an investment thesis and a discounted cash flow model. The stock is up 20% since that post. That kind of post should be encouraged. I pick my own stocks. I have winners and losers. I learn from each, and each makes me a better trader and investor. I devote a few hours a week to research, and an hour or so each morning making any trading decisions.
I won’t deny that there are many people who don’t have the time or brainpower to devote to researching individual companies, listening to earnings calls, and keeping up with evaluating them over time. For those, buying an ETF and investing passively is the way to go. My understanding is that that is not what this sub is for. So let’s stop wasting space with the “buy and hold your S&P ETF” bandwagon. Thanks.
[link] [comments] https://www.reddit.com/r/stocks/comments/16g9mgs/whats_the_point_of_this_sub_if_the_top_voted/
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