“If there was a sure bet in the market, everyone would buy it.”
Anyone that refers to “bet” and “market” in the same sentence is not I reality.
Poker is a zero game before the house rake.
The market is composed of companies. I have about 15 long term stock holdings plus a big tech weighted fund.
All are winners. I could never go 16 for 16 at the table.
Good for you.
Sure you could ... if your playing go fish at the kids table.
Comparing basic buy and hold to poker is ... well a bit odd.
Have you done a real analysis of your returns over time?
Purchasing power of your increased $unit numbers?
I hope you are beating the inflation/depreciation or at least breaking even.
But there is a whole other world of “investing”.
And yes ... you can compare that to a good game of Texas holdem. Very little luck involved, a game of skill and nerves.
This is not 1980 .... nobody gets their quotes from a day old wall street journal.
Diversification should include some speculation, of course it depends on your risk tolerance. Never risk money you can't lose.
Believe me ... it's better than a bass boat much more invigorating than a round of golf and can be very satisfying.