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Finshots Daily

Finshots is a stock-picking genius. But…

Jan 6, 2024
06:04
Snipd AI
The podcast hosts discuss the role of luck in stock-picking. They explore how investors mistake luck for skill and highlight the risks of relying on podcast stock picks for investment strategies.
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Podcast summary created with Snipd AI

Quick takeaways

  • A single stock can have a significant impact on a portfolio's performance.
  • Positive returns for most listed companies in 2023 should not be mistaken for skill in stock-picking.

Deep dives

Outperforming the benchmark

The podcast episode explores the performance of a portfolio of stocks picked by the hosts. By investing 10,000 rupees in 26 chosen stocks on the day their stories were published, the portfolio would have yielded 3.3 lakh rupees, outperforming the Nifty 500 benchmark, which would have grown to 3.1 lakh rupees. While one standout stock may have made a significant difference, it is not uncommon for a single stock to have a significant impact on a portfolio's performance.

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