In fact, 55 of the 71 picks I currently have open, or more than 77%, have provided a positive return. However, only 37 of the open picks, or just over 52%, are actually outperforming the market as of this writing.
Of course, I expect that number to increase, since I’ve made many of these calls fairly recently as long-term bets, but the fact remains that the number of stocks I pick that increase in value will probably never match the number that truly manage to beat the market and provide superior returns over the long run.
So in the end, try not to judge your performance simply on whether you see red or black on your statements; if you’re not using the right basis for comparison, your gains may not be a great as you think.
The article Your Gains May Not Be As Great As You Think originally appeared on Fool.com.
Fool contributor Steve Symington owns shares of Ford and Universal Display. The Motley Fool recommends and owns shares of Ford and Universal Display.
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