Portfolio managers are employed full-time at managing money and they can’t beat the market BEFORE FEES. Very few portfolio managers beat the market each year. The number grows smaller when you evaluate portfolio managers over two years. With each additional year, the number beating the market
New investors often think anything but a continuous rise in a stock is a reason for selling a stock. Everyone of my best stocks has had some down periods, often for extended time periods. But, in the long-term, those stocks have risen way more than 10 times over.
