These Talking Head Stock Analysts are beyond useless.

Low cost indexing is the answer and has proven it time and time again.

All these heads do is babble finance jargon while shilling buy/sell on nothing more than whether price is above or below the 200 day MA. Hell, CNBC pushes the talking points these heads spew.

Reality is that anybody who knows what's going on ain't giving it away for free on TV.

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Low cost indexing is the answer and has proven it time and time again.

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Yep.


I never miss a winner. It’s great.

What do mean? Wouldn’t broad market etfs smooth out mean reversion?

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18 months ago when Meta was $90 they were all saying don't touch it, it's going the way of MySpace. Today it's at $470 and they are all upgrading and recommending. They have no more idea what's going to happen than the man on the street performing his own due diligence.

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I am not sure who you were watching. A lot of fund managers and talking heads were on META 15 months to a year ago. A lot changed with META from 18 months ago, too. There was reason for people to be down on it. Last year was a huge year for Zuck. They completely shifted to cut spending and move focus away from Metaverse. They are the only ones making real money off AI right now other than NVDA.

Karen Finerman was all over META early last year.

S4 Capital’s Martin Sorrell is big on advertising, META ‘s real bread and butter along with AI now, said it was going higher.

Sir Sorrell says META will rebound in 2023

It was even Jim Cramer’s number one stock pick going in to 2023.

Cramer Picks META for his top pick in 2023

It was JP Morgan’s number four pick going in to 2023.

JP Morgan Picks META as no. 4 stock for 2023

Satori Fund manager Dan Niles had META as a top pick for 2023.

Interview with Dan Niles of Satori Fund makes META top Pick
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JP Morgan surveyed investors said META was a top pick.

41% in Investor Survey Picks META

Tim Seymour and Steve Grasso long on META in early 2023

Fast Money Debate META (Grasso and Seymour long)

Slackster had it as a top pick and doesn’t forget to remind people of his thread at the bottom

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I assume he means if/when the mega cap stocks slow down they’ll be a major drag on indexes given their massive weighting.

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I guess but the weights aren't static. That smooths it out too. As a mega cap (or sector like tech) reverts, its weighting in the index also shrinks. Right?



And unless money is just flowing out of equities period, as one equity or sector reverts, another is likely to begin to outperform.

At this stage of the game, I am happy to accept declining exposure to losers in exchange for increasing exposure to all of the winners.

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I guess but the weights aren't static. That smooths it out too. As a mega cap (or sector like tech) reverts, its weighting in the index also shrinks. Right?

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Sure, but the 9 non Berkshire stocks in the SPY top 10 are 30% of the entire index. Microsoft and Apple are nearly 14% combined. Even moderate underperformance from those stocks would mean something like EQWL or RSP would vastly outperform given their equal weightings.

Still would own all the winners and losers, just in equal amounts.

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At this stage of the game, I am happy to accept declining exposure to losers in exchange for increasing exposure to all of the winners.

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In the rear view mirror, sure, but it won’t necessarily always be like that. RSP outperformed SPY by 7% in 2022 because it had significantly less exposure to the losers.

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I was downtrodden after 2022 3Q earnings, but I still believed in it long term.

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It all seems so easy in hindsight but in the moment when the narratives are running wild about a company or person it certainly gets dire.

META is a winner period, don't bet against Zuck.