Why Investing is a Beauty Competition?

Professional investment may be like to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the price being awarded to the competitor whose choice most nearly corresponds the average preferences of the competitors as a whole.

In the stock-picking game, it's not about choosing the shares you find most attractive, but rather the ones your rivals are eyeing. It's like a beauty contest where everyone's trying to guess the next top model as judged by the same panel! We have reached third degree where we devote our intelligence to anticipating what average opinion excepts the average opinion to be. Investment based on genuine long-term expectations is so difficult today that is basically impractical. He who undertakes this task must surely endure more laborious days and face greater risks than one who tries to outguess the crowd's behavior; with equal intelligence, the one who guesses will commit more disastrous errors. "HOPE is NOT a STRATEGY" 5 topics to look at while investing for long-term (3 to 5+years) are: 1- Earnings (quality of earnings matters) 2- Dividends 3- Assets (ROA) 4- Capital Structure (lesser Debt the Better)

5- Management Economy and stock market moves in hand in hand in long run. Economy drives stock market not that stock market drives economy. You have 86400 seconds every morning when you wake up. Use Wisely, be productive. we are in world build to failed us in each and every step. Don't follow my views, at least start doubting others.