Mutual funds vs direct stocks: Why most investors overrate their stock-picking skills

Good stock-picking, for lack of a better word, is counterintuitive. And most people aren’t wired to think in a manner that (behaviourally) helps them pick stocks well. To top it all, investors tend to overestimate their stock-picking abilities.

Oct 20, 2025 - 04:00
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Mutual funds vs direct stocks: Why most investors overrate their stock-picking skills
Good stock-picking, for lack of a better word, is counterintuitive. And most people aren’t wired to think in a manner that (behaviourally) helps them pick stocks well. To top it all, investors tend to overestimate their stock-picking abilities.

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