$S&P 500 Index (.SPX.US)$ Wow! That's deeper than whale she...

$S&P 500 Index(.SPX.US)$ Wow!

That's deeper than whale sheeet.

Anyone that in March of 2020 bought a diversified bundle of high dividend value stocks that included T (such as $Exxon Mobil(XOM.US)$ , $PRU(02378.HK)$ , $AbbVie(ABBV.US)$ , $MPLX LP(MPLX.US)$ , $AT&T(T.US)$ , $Ford Motor(F.US)$ ) would be way ahead of the $S&P 500 Index(.SPX.US)$ as most of them have already doubled or tripled and several have lots more to go.

You just happened to pick the single T that hasn't worked out yet so that you can pontificate to support your ego.

I could pick MPLX at $8 back in March/April 2020 to brag about my stock picking prowess and be just as petty as you are.

The point is that the only way to be "wise" using whichever investing style flies your kite is to pick a diverse bunch.

As Dalio proved, that does not mean that you need to have 500 stocks in your portfolio to be well diversified. A concentrated folio of just 10-14 stock is best for achieving diversification without being stuck with the mediocrity of the S&P.