"Never change things by fighting the existing reality.........to change something build a new model that makes the existing model obsolete."

Food for thought.

"~2/3 of stocks underperform the index, ~50% have no ROR, ~25% go to zero. It’s these big outliers that really make [all] the performance. The power law of investing, 5-10% of stocks generate all the returns."

'Magazine covers often indicate completion of discount.'

"When the ride ends"