Hi stocks,
I’ve been thinking lately about developing my own portfolio of stocks, looking into potential growth areas and selecting certain stocks.
However, I can’t do it myself. I don’t have the knowledge, brains, resources. So why don’t I just copy. I’ve realised I don’t need to be creative or inventive to be profitable investor I can just copy people who are better than me.
So firstly, how do I find, say, the top 10 most profitable hedge funds or single investors over the last decade and identify the common stocks held by each and their portfolio allocations and just copy them. Is there a website I can use for this?
Secondly, why wouldn’t I want to do this? What are the down sides?
E.g. if the best 10 hedge funds invest in Microsoft with decent allocations, I’ll just put money in Microsoft and leave it.
Thoughts?
Submitted July 09, 2021 at 07:29PM by super101 https://ift.tt/3ANGT2G
