FYI: Rifles are the investment weapons of choice right now on Wall Street. I’m referring to strategies I call “rifle-shots,” because these investors scan the investment horizon through their rifle scopes and only pull the trigger when they spot a particularly attractive stock.
Rifle-shot approaches are different from algorithmic strategies that crunch through dozens of data points from thousands of different stocks to come up with a buy list. Continuing a military analogy, such broad strategies are more akin to carpet bombing than to rifle shots.
Regards,
Ted
https://www.marketwatch.com/story/top-investment-newsletters-hit-a-bullseye-targeting-down-and-out-stocks-2018-07-10/print