A few weeks ago I read an online article and the interviewee articulated the thought of “Win with Winners”. I didn’t think about the statement at the time and didn’t think to note who it was, but in the time since then it has continued to impact my thinking as I look at my current holdings and analyze past mistakes and triumphs in the stock market. Too often, I have tried to overthink things and pick “the dog with the fewest fleas”. In today’s market, more than ever, it seems like a few stocks are driving things and it doesn’t pay to get cute with exotic small cap plays. The philosophy of profiting from popular, money making companies isn’t new or radical but it’s what I needed to hear. Looking back, it’s how I’ve made some of my biggest profits AND avoided huge mistakes. Just thought I’d throw that out there. Comments?

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Posted by faraway

Member since Nov 2022

3268 posts

Posted on 6/18/24 at 5:38 pm to Ccssp1

if you don't mind, please list 10 or so of the winners of the next few years

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Posted by Decisions

Member since Mar 2015

1553 posts

Posted on 6/18/24 at 6:13 pm to Ccssp1

quote:
The philosophy of profiting from popular, money making companies

The problem is forecasting the future of the first trait, not the second. You can make educated guesses about future profitability, possible growth/expansion, and overall market potential. It’s REALLY hard to forecast future popularity and hype.

I’ll provide an easy and obvious example: who would have guessed Elon’s decision to start making open and obvious moves against the establishment, to the detriment of some of his popularity and fortune? That same sort of heel turn could happen with any “popular” company at any time. Maybe you can ride the wave for a few percentage points, but there’s no real skill in picking entry/exit points for these plays.

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Posted by tigerbacon

Arkansas

Member since Aug 2010

4189 posts

Posted on 6/18/24 at 6:19 pm to Decisions

Winners for the next 2 years:
Nvidia
Microsoft
Apple
American Express
Visa
PANW
IBM
Meta
Tesla
JP Morgan
Notice all tech or financial

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Posted by Nole Man

Somewhere In Tennessee!

Member since May 2011

8065 posts

Posted on 6/18/24 at 6:34 pm to faraway

NVDA
TSM
AVGO
MSFT
AAPL
UNH
LLY
JNJ
ON
MU

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Posted by slackster

Houston

Member since Mar 2009

89840 posts

Posted on 6/18/24 at 8:13 pm to tigerbacon

quote:
Winners for the next 2 years:

quote:
Nvidia Microsoft Apple American Express Visa PANW IBM Meta Tesla JP Morgan

I bet the median stock in this list will underperform the market.

I’d say the same of most (all) lists.

The beauty of stocks though is one winner can outweigh 9 losers. It’s just math. Downside is limited if you’re long. Upside is uncapped.

This post was edited on 6/19/24 at 6:04 am

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