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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: rayvt ✧☼🐝🐝  😊 😞
Number: of 6243 
Subject: Re: NDX 100 Momentum Strategy - Code Repository
Date: 04/11/26 7:24 PM
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and the top 5% generated about 84.3%.
... the top 5% of positions generated about 90.9% of total profits.


I suspect that this doesn't mean the first N of the picks in order, but that x% of the 5 or 10 stocks had most of the profits.
Too bad GTR1 won't give a list of the stocks.

Here is the recent returns of the stocks in a similar MOM screen, in rank order, all bought on the same date:
 5.0%
12.6%
7.6%
18.9%
3.8%
-7.5%
8.1%
13.2%
10.8%
4.1%

In a different but similar screen, but longer running portfolio, 6 of the 10 had by far the bulk of the gains.

In another, 5 of the 10.

One thing that I have observed is that rebalancing existing holdings is a bad idea. Rebalance the new picks, yes. But leave the holdovers alone. Let your winners run.

Another thing that I have noticed is the stocks picked tend to be high priced. Many are several hundred dollars, some are over $1000. Makes it difficult to run a low-dollar portfolio.
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This community has written 6,227 posts about Mechanical Investing. The article-length ones it recommended most:
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