- We just ran an X/Twitter poll where we asked where should investors put their equity investments. We provided 4 choices — index funds, individual stocks, PE funds and private companies.
- The quite unofficial survey showed 57% index funds, 20% individual stocks, 12% PE funds and 11% private companies.
- Some of the replies were profane. Others were great.
- “I don’t understand this investments you speak of, my rent, car payments and insurance await 100% of all my salary each month”. Kerry.
- “The vast majority of people should focus on index funds. If you have a particular edge/insight into a particular industry, individual stocks are fine – either public or private. Private equity funds generally tend to be better for the managers (there are exceptions, of course).” David Fink, CFA.
- “Individual stock picking is too risky and requires a lot of time and effort. Better risk/reward is to own the whole market”. Maia.
- There were also a few comments re gold and Bitcoin.
- Some of the replies were profane. Others were great.
- The quite unofficial survey showed 57% index funds, 20% individual stocks, 12% PE funds and 11% private companies.
Leadership
Congratulations to Matt Wolf on joining Elliott Davis. Matt is an exceptional leader and analyst.