Hi Digital_Everest,
Thanks for the comment!
I have probably oversimplified the "3 simple steps for stock picking" for the sake of the article.
If we screen the entire stock market for 3 metrics alone there will be many value traps and we should also add an "innovation" metric for these companies.
"4% of the stocks were responsible for 90% of the gains": this also brings us to the "availability heuristics." People will look and pile up mostly into those popular stocks, ignoring some undervalued smaller cap gems.
ZIRP: this was actually during last year so no ZIRP. I guess part of the results came from the fact that some of these companies, including META, had amazing price recovery.
"Cut losses ruthlessly." I'm curious to know how do you do it?
I love the ETF suggestions. Currently I have approx. 1/3 of the portfolio in ETFs, 1/3 in individual stocks and 1/3 in crypto.
Had a great time reading your comment! :)