Asset Class Overview
Morningstar Legacy Sectors:
Stock Selection (Top 4)
In a brief discussion yesterday with one of our financial advisers, the subject of Robo Advisers came up. Seems like everything I read lately sings the praises of the Robo adviser and the apparent big investor move in that direction.
The long term natural contrarian in me and I think in him as well says, it’s time to concentrate on stock selection as opposed to fund and/or ETF selection. Not that there is anything wrong with funds or ETFs but if “everyone” is using them the opportunity must be elsewhere; i.e. stock selection.
In that vain I began talking about this a few weeks ago and added a new spreadsheet the “Top 4 component issues“. The project is off to a slow start, probably because of the markets backing and filling lately and I am also sure we need to add things to improve this project.
The spreadsheet is divided into 3 tabs:
For now this will be a monthly update, perhaps more often later on.