So you want to be a stock picker: The Agony and the Estacsy of Stock Picking An article on the dangers of concentration.
The above article should be a sobering reminder of how difficult it is to choose exceptional stocks. Remember when reading about great compounding machines like Wal-Mart in its early days (1970 to 1999) that you must take into account survivorship and hindsight bias.
Good luck hunting!
How central bank intervention will end: BADLY!