{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Bracket Busters and Stock Flops: The Risky Game of Picking Winners","description":"March Madness is here, and just like filling out a bracket, picking individual stocks can feel like a thrilling gamble. But the odds of winning big are slim. In fact, history shows that most stock picks, like most brackets, end up busted. Many investors can\u2019t resist chasing big wins, even though diversification is a smarter play. One economist, Hendrik Bessembinder, analyzed the returns of nearly a century of stock performance.  Let\u2019s compare what he found  to March Madness history  and uncover what March Madness can teach us about investing!&amp;nbsp; Here\u2019s some of what we discuss in this episode:  What Hendrik Bessembinder found from his study of 29,078 stocks The perfect March Madness bracket has never happened The odds of sustainable success are slim Very few teams repeatedly win The most familiar choice doesn\u2019t often lead to victory  Learn more: https:\/\/caffeinecashflow.com\/ Get in touch with Michael- Web: https:\/\/www.westpacwealth.com\/team\/michael-schulte Email: michael.schulte@westpacwealth.com Phone: 702-767-4897 ","author_name":"Caffeine And Cash Flow with Michael Schulte","author_url":"https:\/\/caffeinecashflow.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/35807940\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/35807940"}