I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Thursday, 29 November 2018

Sturgeon's Law In Our Investing Journey


Read? The Art of the Good Life #50 : Sturgeon's Law

 Sturgeon Law states that 90% of everything is crap, or rather “crud” if you prefer.

Hmm .. It seems to be true in Uncle8888's stock picking skills for his investment portfolio after 19 years from Jan 2000 to 29 Nov 2018.  90% of his stock pick are really crap!

 Top 3 winners offset all the losers!

 3 out of 56 stocks is about 5%. Simply 90% of all other stocks are just crap!

 So he might be better off waiting 90% of his time to filter out that 10% at the next Bear market!

 Less analyzing. More investing - CW8888




Posted by Createwealth8888 at 14:20
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4 comments:

  1. Spur29 November 2018 at 14:31:00 GMT+8

    Hmmm .... 90% of jobs, universities, houses, skills, food, buffets .... Alamak, stress!

    LOL!!

    ReplyDelete
  2. Createwealth888829 November 2018 at 19:21:00 GMT+8

    Congratulations. You belong to 10%

    ReplyDelete
  3. ADMIN23 October 2019 at 13:05:00 GMT+8

    Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained! academic experts

    ReplyDelete

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