WSJ columnist Jason Zweig elegantly analyzes and answers a current phenomenon: “It’s a stock picker’s market. So why aren’t more stock pickers doing better?”

Would you consider your own portfolio “diversified” if only three stocks accounted for more than 20% of the value of the portfolio? You might be excited at a cocktail party, but how well would you sleep if only one stock (Nvidia) accounted for more than 30% of the year-to-date return of the S&P 500?

Read on to learn more about how correlation and concentration are confounding stockpickers while following an evidence-based, long-view approach ignores the noise and chugs along.

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Jason Zweig from the WSJ wrote a great piece in this weekend’s journal. In it he writes “Don’t let yourself be fooled into believing its unusual that nobody knows what’s going on right now. The past makes sense only in retrospect, after our minds burnish it to our liking. The present almost always defies our efforts to make sense of it.”

Read the the WSJ piece here.