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Not sure what you mean about "multiples" vs. "percentages." Aren't those just two ways of saying the same thing?

It sounds like you either are currently living off your stock picks, or you made enough off them to retire on. Is there any one else here on the boards who is doing something like that? I think joelxwil does...

I have done some stock picking, and so far that has been doing far better than my index funds (on the plus side, I should add!). But I am not confident (deluded?) enough to think that I can live on my picks. If I had a million dollars, I'd probably risk $100K in stock picking. Since I have only $100K, I'm not willing to risk it all. I might win big, and I might lose most of it, and have to work much longer to get to retirement.

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