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TNA - The 5 Most Irrelevant Facts Of Stock Investing
Direxion Small Cap Bull 3X Shares
Look at this. This is a stock's price.
Now look at it another way. This is not just a stock's price. It is, borrowing from the legendary John Bogle, a "giant distraction to the business of investing."
Long-term investment returns are created by how businesses perform, but most investors make their investment decisions based on where stock prices have come from and where they may be going.
Anyways, now look at the following chart. This is a stock's price plus four other "irrelevant" facts that drain most investors when they consider their investments.