fjpenney

What to Buy and Why: Barron's 2009 Roundtable, Part II

Stock picks from so called experts are a great means of selling a magazine, newspaper, etc. yet the record of these experts' forecasts often lags the market. Barrons recently announced that the stocks which had bullish articles written on them in their magazine for the past two years underperformed the relative market benchmark. Dr. Phillip Tetlock's research, which is regarded as the most thorough on the subject, found that fianncial and political forecasts by people (read experts) who are paid to forecast are, on average, no better than forecasts by non-experts.

These forecast articles will always be around because most people believe that "experts" like Abby Cohen actually possess the skill required to be great stock pickers.

A Buy & Hold Forever Dividend Stock Portfolio

Good luck with a strategy that I don't think will work well at all in this environment. As for my own portfolio, I use market timing and it saved me from huge losses this year.
FJP