What's the composition of the NASDAQ ?
These 10 stocks, represent a bit more than 50% of that stock exchange:
- APPLE INC.
- MICROSOFT CORPORATION
- AMAZON.COM, INC.
- ALPHABET INC.
- ADOBE INC.
By taking a look at the names on that list, we can see that most of the high-margin and highly predictable stocks are listed on the NASDAQ.
So, for now, my performance is not as good as the S&P. But I own businesses that are first-class and it took me years to reach that. It wasn't that complicated after all. I just thought I could find gold nuggets by myself. But I couldn't do that. It was just a fucking dream.
As of may 2021, I stick to the NASDAQ for more than 75% of my portfolio.
Correction: More than 60% of my portfolio. I'm not even able to add simple numbers. Don't trust me too much.