https://www.thinkadvisor.com/2020/06/15/here-are-12-investing-superstars-in-2020-according-to-morningstar/Here Are 12 Investing Superstars in 2020, According to Morningstar
Morningstar has announced the nominees for its 2020 Awards for Investing Excellence, which recognizes established and up-and-coming portfolio managers for stellar performance as well as the asset management firm that excels in its stewardship of investors’ money. T. Rowe Price was the only firm that was nominated in all three categories. Fidelity had two nominations.
Anyone recommend any of these funds?
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So Morningstar decides and identifies 12 current superstar investors. Thar’s Good to know. But more interesting and profitable are how these winners perform after their selection? How persistent are these star operations? What fraction repeat their success story? Long term performance is what counts most!
Best Wishes
Capital Group (American Funds)
Dodge & Cox
T. Rowe Price
Yes - “In the room where it happens ...”
"Day-trading can have tragic consequences. A 20-year-old student died by suicide June 12 after seeing a $730,000 negative balance in his account, Forbes reports. The loss apparently resulted from a complex options trade. The student's suicide note, Forbes added, stated that he had "no clue" about how it was supposed to work."
Derf
https://www.cnbc.com/2020/06/18/young-trader-dies-by-suicide-after-thinking-he-racked-up-big-losses-on-robinhood.html
Quoting the article:
"It was less than 24 hours after Alex had checked his account at the wildly popular trading app, Robinhood. In his note, he said he thought he had quickly racked up a negative $730,165 cash balance. But Alex may have misunderstood the Robinhood financial statement, according to a relative.
“He thought he was exposed, he thought that ending his life would protect his family from the exposure,” Bill Brewster, a cousin by marriage and an analyst at Sullimar Capital, told CNBC in a phone interview. “He got on his bike and never came home.”
"The world breaks everyone, and afterward, some are strong at the broken places. But those that will not break it kills. It kills the very good and the very gentle and the very brave impartially. If you are none of these you can be sure it will kill you too but there will be no special hurry.” - Ernest Hemingway