Hacker News new | ask | show | jobs
by cortesoft 158 days ago
Yes, my understanding is that the cost of missing out on those companies that are providing the returns is much more costly than investing in a company that is NOT generating those returns.

In other words, the risk is to miss the winners, not that you will invest in a loser.

The problem is that it is very hard to predict the winners, so it is best to invest in all companies to make sure you have the winners