Stock picking has a terrible track record, and it’s getting worse

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A trader working after the Nasdaq opening bell ceremony on April 18, 2019 in New York City.

Kena Betancur | Getty Images

Stock picking has a terrible track record, and it’s getting worse.

That’s the thesis of Larry Swedroe and Andrew Berkin’s book, “The Incredible Shrinking Alpha,” just out in its second edition.

Swedroe is chief research officer for Buckingham Wealth Partners and author or co-author of 18 investment books.

I spoke with Swedroe as he was preparing the…



Source cnbc.com

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