Monday, December 7, 2009

A good case to ignore stock picking advice

Check this article checking out the performance of Fortune's prediction for the best stocks for the coming decade written about 9 years ago back in August of 2000.

It turns out 9 of Fortune's top predictions for the decade are still down, and 2 of them (Nortel and Enron) have completely evaporated. See this list for full details.

Just food for thought as you read your next list of top stocks for the coming decade.

By the way - the article shows the real top stocks of the decade vs. Fortune's top pics.

No comments: