Now, if I could just figure out how to pick stocks.
The managers who help him pick American stocks, he said, are having trouble finding good candidates.
Q. How do you pick stocks for the bank's funds?
"I have a secretary's job, but she wants to pick stocks."
One reason: "I don't have time to pick individual stocks."
"For the average person to try to pick individual stocks, good luck."
And he picks stocks based on the theory that management knows best.
The stock market is all about picking stocks, and always has been.
If they were that good, they'd be doing something more profitable with their lives, like picking stocks.
He also plans to pick stocks on his own.