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TIP667: Why Most Stocks Will Lose You Money w/ Professor Hendrik Bessembinder
We Study Billionaires - The Investor’s Podcast Network
Tech Dominance in Stock Picking
- Many top-performing stocks, especially in recent times, are technology companies.
- However, a deeper look reveals that tech stocks are not more likely to be top performers.
- While tech giants like Apple, Microsoft, and Nvidia are memorable, numerous failed tech companies are easily forgotten.
- Studies show that tech stocks are slightly more likely to be moderate performers than top performers.
- Healthcare, pharmaceuticals, and energy firms have a slightly higher chance of being top performers, relative to their overall representation.
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