I think its a sound strategy, opposite of the dogs of the Dow in a way.
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It seems kind of brilliant to me.

I always fight the urge to assume that things will even out, and so I should buy the laggards since they'll eventually catch up. But it seems like the overperforming stocks will overperform for a decade or more without slowing down.
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I agree. I've been going through my stocks lately and selling off the lagging ones and buying more of the ones that have done well. It's always tempting to think that the lagging ones are just a few days away from making more money, but it makes it pretty clear if I look at what I'd have now if I had made the switch a month or two ago.
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Yeah , there's some truth to riding the winners.
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My thought is also that if these funds are investing heavily in a certain stock then they are expecting it to do well
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If I had some confidence the trend would continue with those stocks I'd be the guy that just bought the ETF, especially with those returns. I like pretty safe bets. Too often the past performance doesn't predict future performance when it comes to this stuff.
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Wss going to buy lowes but changed my mind go gevo instead and titan phama
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Go Tesla GOOOOOOOOOOOOOO
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Apple and Tesla are damn good deals today. You would be a fool not to buy
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Tesla is a rocket today.
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:-)
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The best things to happen for me in 2020 are not dying of covid, the Chiefs Super Bowl win, and owning Tesla stock.
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I know tons of people are making money on Tesla, and I am admittedly tempted to buy some individual shares (I already have some by means of my index funds).

I am just too risk averse to buying at the current price. I think they are a great company with a tremendous future, but I think it is completely overvalued.

Granted, if you believe in them long term it's not a bad time to buy, but I expect a market correction. Then again, people have been talking about a Tesla correction for ages
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LOL. I bought 2 Tesla and 2 Apple last week so now I have 10 and 8 after the split.

Up $1200

I've been in and out of Amazon the last 2 years but now don't own . I really want to buy a couple now because when they announce a split you're going to see a 60% run
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I bought about $5k of Tesla three years ago, and quickly saw a notable decline. When it got back to breakeven I sold half of it and breathed a sigh of relief that I could lower my risk. I really wish I had that half back now. But the half that I kept is destroying worlds. $2,500 has become $19,000 in a year and I'm going to keep riding that flying unicorn.
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