Skip to main content
No. of Recommendations: 1
Joel:The question is not what the "average investor" can do. Nobody with any sense wants to be "average". I cannot imagine why, when it comes to the stock market, people use phrases like "for the average investor...", as if they are trying to teach you to be average.

I agree. In the report, on page 19, there is a very interesting table that reveals that 43.4% of accounts beat the market over the reviewed time period and 25% of accounts beat the market by more than 6% annually, all net of transaction costs. Furthermore, the top 10% of accounts beat the market by over 18% annually, again, net of transaction costs.

Then consider the CANSLIM method, for example, which nobody here ever wants to discuss here. It is a particular discipline which provides superior results. But CANSLIM, like the other methods, requires some work, and people that are lazy are simply not interested in the work required.

I think CANSLIM is an excellent 'next step' for many here at the Fool because it builds upon Fundamental Analysis by adding a little technical and market indicators to increase your probability of buying the right stock. It does nothing fancy, it doesn't predict the future, but I think it improves the odds.

Perhaps you and I should have a weekly discussion on a different way to invest. I won't pretend to know everything (or even anything) but I do have open eyes.

st
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.