Quote:
Originally Posted by Hog's Gone Fishin
So , is this a good strategy???
Find mutual funds that have a really good return over the last 1 year/ 3 year period.
Pull up their portfolio and look at their top holdings
Invest in their top three since they are driving the return they're getting.
For example : ARKW which is actually an ETF is 62% 1 year and 41% 3 years
Their top 3 holdings are TSLA, SQ, ROKU
All have blown away the market over the last year.
Thoughts?
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It seems kind of brilliant to me.
I always fight the urge to assume that things will even out, and so I should buy the laggards since they'll eventually catch up. But it seems like the overperforming stocks will overperform for a decade or more without slowing down.