Retail investors finding success by investing in familiar companies like Nvidia and Crocs

Some retail investors are finding success by following Warren Buffett’s strategy of investing in what they know, combined with diversification. Everyday investors like Bob Vanscoy and Mikhaela Delahunty have made impressive gains by investing in companies like Nvidia and Crocs based on personal observations and experiences. Other investors, like Etienne Breton and Sherry Jiang, have also found success by investing in companies related to their careers. These investors have seen significant returns by following their instincts and observations, which align with Warren Buffett’s advice to invest in what you understand. Wall Street analysts also use similar instincts and observations in their investment decisions. While caution is advised, investing based on personal observations can be a viable strategy for casual investors looking to gain hands-on experience in the market.

Read more at Yahoo Finance: Forget fundamentals. 4 everyday investors have made winning stock picks with a much simpler strategy.