March Madness is here, and just like filling out a bracket, picking individual stocks feels exciting. But the odds of winning big are slim. Investors often chase stock picks the same way they bet on their favorite teams, but history shows most stocks underperform, just like most brackets get busted.
In this video, Scott breaks down the risky game of stock picking and how it compares to the unpredictability of March Madness.
Hereβs what we cover in this episode:
π March Madness & Investing β Why picking stocks is just like picking brackets
π Most Stocks Underperform β The surprising truth from a 98-year study
π Company Stock Risks β Why overconcentration can hurt your retirement
π Diversification Wins β How to create a balanced, long-term investment strategy
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0:00 β Intro
2:44 β Almost $3B wagered
4:25 β Stock Study
5:14 β Most people lose
7:08 β Sustained success is difficult
11:02 β Picking favorites
14:38 β Penny stocks and crypto
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