The main benefit of such articles is entertainment, and supply of material for pithy cocktail-party conversation. Actionable investment value is... dubious.
That said, last year I did succumb to temptation, and put a smattering of play-money into an individual stock, that was discussed on another forum (not BH). It has done surprisingly well... indeed, it was my best single holding (beat every index). I have no idea why it did this, whether in terms of so-called fundamentals, or something about the industry, or tribal magic ritually performed by our village elders. And it's a very small amount - hardly worth the bragging, apart from the aforementioned entertainment value.
That said, last year I did succumb to temptation, and put a smattering of play-money into an individual stock, that was discussed on another forum (not BH). It has done surprisingly well... indeed, it was my best single holding (beat every index). I have no idea why it did this, whether in terms of so-called fundamentals, or something about the industry, or tribal magic ritually performed by our village elders. And it's a very small amount - hardly worth the bragging, apart from the aforementioned entertainment value.
Statistics: Posted by unwitting_gulag — Fri Jul 19, 2024 11:17 am — Replies 12 — Views 1263