before buying individual stocks in stead of ETFs

google 'risk adjusted return', 'alpha and beta'. 

people here have no such concept. all the stocks in the garbage index have negative alpha compared to S&P, yet people jump and cheer when they make a beta-driven run.

Stupidity is the only word to describe such behavior.

所有跟帖： 

• Agree and not agree -喜狼狼- ♂ (191 bytes) () 05/13/2011 postreply 06:48:05

• it's cool if you understand alpha and beta :) -noconfusion- ♂ (0 bytes) () 05/13/2011 postreply 07:11:33

• Individual stocks do have higher risks -喜狼狼- ♂ (116 bytes) () 05/13/2011 postreply 07:17:40

• 知道老大是顶级的高手, 但您每贴必有"stupid and garbage" 与您身份不符啊, 是不是? -股海里的鱼- ♂ (20 bytes) () 05/13/2011 postreply 07:55:22

• 话糙理不糙。不过大哥，下次不要那么sharp好不？ -wxc1894- ♀ (0 bytes) () 05/13/2011 postreply 10:19:32