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AlexXx
Ben Felix
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Comments by "AlexXx" (@alexxx4434) on "Picking Stocks | Common Sense Investing" video.
A glimps of well articulated criticizm in the ocean of praise. I commend you, sir. I also find that the videos on this channel are heavily biased towards index-fund investing. Strangely, I don't hear much that index-funds investig bears its own unique idiosyncratic risks. Hearing only praise to ETFs from every investment crack nowadays smells like another financial bubble in the making to me.
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From this video I learned that Buffet and other top investors irrationally hold individual stocks. Idiots, they should invest all their money in ETF!
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There is no "skill OR luck". You need both to be successful. Just like in any game of probabilities and human factor (poker as the best example), the skill is in adjusting the probabilities to your favor — the rest is luck, because you can never guarantee 100%.
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"That's not for plebs: plebs must buy ETFs only." Basically what this channel is all about with its hand-picked evidence.
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Confirmation bias great example.
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Christian William How are you faring right now? ;)
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