Backcasting is easy and misleading. These are great companies, but it would be a lot more useful and representative to say the equivalent list selected in 2017 based on what you would know in 2017 was x, y, z, and the group substantially outperformed, and the current group is this group.
Backcasting is easy and misleading. These are great companies, but it would be a lot more useful and representative to say the equivalent list selected in 2017 based on what you would know in 2017 was x, y, z, and the group substantially outperformed, and the current group is this group.
I hear you. This exact the reason why I stated that this list won't outperform as much over the next 5 years as they did in the past 5 years. However, these companies were already great companies in 2017 and I am quite comfortable to say that this list will outperform the S&P500 over the next decade.
Backcasting is easy and misleading. These are great companies, but it would be a lot more useful and representative to say the equivalent list selected in 2017 based on what you would know in 2017 was x, y, z, and the group substantially outperformed, and the current group is this group.
Hi Doug,
I hear you. This exact the reason why I stated that this list won't outperform as much over the next 5 years as they did in the past 5 years. However, these companies were already great companies in 2017 and I am quite comfortable to say that this list will outperform the S&P500 over the next decade.