Why these experts suck so much at stockpicking...?
You know...these guys who share with us dozens of their picks every day, guys who have their own investing/trading web sites (some of them charge a small fee to let you in on their stockpicking secret), which, btw., are considered semi-spammers by many regular CAPS members.
There are many of them, but let's just take a look at the ones who blogged today.
SharePlanner, total of 60 picks, Score of 71 points, Accuracy of 33%, rating of 25.72.
JimVanMeerten, total of 147 picks, score of negative 79, accuracy of 28%, rating of below 20.
BttrStockEntries, total of 16 picks, score of 18, accuracy of 44%, rating of 30.32.
DividendsforLife, total of 33 picks, score of negative 278 points, accuracy of 30%, rating of below 20.
And I'm not sure if I should include MarginofSafety, as the guy has only total of 7 picks, but did manage to already have a pick down 30 points (What happened to the margin of safety, dude?) Btw., his accuracy on these 7 picks is 28%.
Really, why is it that these guys are such experts at what they do (that's what I get from their blogs), but can't pick a winning stock to save their life?
Have you ever wondered the same...?