True
If you find a winner , do nothing, sit
“The results also help to explain why active strategies, which tend to be poorly diversified, most often underperform,” says Bessembinder, who found that the largest returns come from very few stocks overall — just 86 stocks have accounted for $16 trillion in wealth creation, half of the stock market total, over the past 90 years. All of the wealth creation can be attributed to the thousand top-performing stocks, while the remaining 96 percent of stocks collectively matched one-month T-bills.
Picking multi-baggers isn't hard
Letting them turn into multi-baggers is
We have control over the way we react to what happens to us, yes we can control this. Only this. The rest is out of our hands.
Of all men's miseries the bitterest is this: to know so much and to have control over nothing.