How is this calculated? Simply by taking the average of every stock you could po... | Hacker News

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		a13n on Oct 24, 2019 \| parent \| context \| favorite \| on: Tesla Q3 Financial Results How is this calculated? Simply by taking the average of every stock you could possibly invest in? On NASDAQ + NYSE?

xkjkls on Oct 24, 2019 | [–]

Basically the median stock is worse than the index. Diversification is good.

paulpauper on Oct 24, 2019 | [–]

most individual stocks lag the index . the odds of choosing a stock that beats or meets the index are low.

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