Diworsification

Red-= Equally weighted 22 Thomas Pound select stocks rebalanced quarterly, dividend adjusted.

Green- The S&P -500 dividend adjusted

Yellow = Value Strategy
See 25% of the best performing stocks each quarter and reinvest in the worst performing.

Same 22 stocks, over the very long haul. Shows extreme survivorship bias. Assuming that these 22 stocks all stay in business for the next 10-years, chances are good that they do well.