No. of Recommendations: 2
What I meant was even using different criteria on 5-stock different strategies, but all on the Nasdaq100 universe,
they will not always be picking the same stocks. They will be tech so not in that sense diversified, and all large cap,
but not all good criteria will point you to the identical stocks so you can get a decent number of different ones to buy.
That's all I meant.
In my research so far once you hit 15 from the Nasdaq stratgies and even when mixed with S&P500 strategies to create a portfolio,
once you hit 15 you aren't buying risk-reduction by adding more, just costing yourself cagr.
I remember reading a while ago that 20 stocks in a general sense buys you diversification (i.e. not from these universes but in general) and that adding more doesn't really do anything.