Gadabout
Dryer sheet wannabe
- Joined
- Mar 8, 2016
- Messages
- 15
I was actually referring to a personal broker.I don't think you can apply the statistics for fund stock pickers to individual stock pickers. The fund pickers have to deal in volume and that makes it very hard to avoid the stockinberg uncertainty principle.
They put an order to buy 20,000,000 shares of a stock that only trades 500,000 a day in normal volume, it is not going to get filled at a good price.
I on the other hand can buy 5,000 shares of it without moving the needle.