I think you really need to look longer term with stocks, I think the market is also a bit all over the place recently. We’re coming from the perspective of never ending massive growth and cheap debt the last decade or so which maybe warps our perspective. since maybe 2021 stocks have been on a rollercoaster up and down up and down
The debt is also something to consider I think. I know companies who are technically doing well, profitable companies with good products, but they’re cutting back because of the increase in interest payments on the massive lending they took out
I think for most people, realistically we should probably invest on only a small number of individual companies, if any at all.
im moving towards a more core - satellite approach with the aim of likely getting the majority of my investments in an ETF like LGGG, maybe 40% initially or so. The rest im looking to have larger positions in some trusts, some dividend paying, some growth focused, and a few individual companies. I want to reduce the number of individual companies I have, but mainly because as you mentioned, tracking them is time consuming.
I do think over time you can gain a better idea of a company that makes keeping up to date on them less time consuming in the long run, but doing that for a lot of companies is probably unrealistic.