In January 2021 Seeking Alpha asked Marketplace authors to write about their best idea. In this article I will discuss the returns of these ideas: per category and on a risk adjusted basis. Two conclusions: 1. Avoid growth stocks, 2. Best ideas from popular newsletter authors are on average unlikely to be better than other best ideas.
How 45 different Best Ideas played out
In January 2021 Seeking Alpha asked Marketplace authors to write about their best idea. In this article I will discuss the returns of these ideas: per category and on a risk adjusted basis. Two conclusions: 1. Avoid growth stocks, 2. Best ideas from popular newsletter authors are on average unlikely to be better than other best ideas.
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