After reading a dozen of articles that low cost index funds beat individual stock pickers, i was not convinced, that i can not pick individual stocks better.
I was very bullish on Rocket Internet RKET. I was buying RKET at 15-19€ and selling 19-23€.
Why i am not buying individual stocks anymore:
- It takes too much time to monitor the news, rumors and stock price.
- There is high risk with individual stocks.
- S&P 500 at the same time made +25% compared to mine 19%
Another great example is TV series Billions, that shows stock market manipulation by billionaires.
— StockTwits (@StockTwits) February 26, 2015