Is there a stock screener that lets you find stocks that beat the s&p 500 every year for longer than 5 years?

Question

Morningstar goes back 5 years...it would be nice to screen for ten years worth of performance history or maybe even longer. Anybody know how?

Rainfingers.I appreciate the response.Unfortunately, you didn't answer the question.Maybe I should've mentioned that I'm a professional securities broker/financial advisor/insurance agent and have been in the business for a very long time.I'm glad you read "Random Walk".It certainly has its merits.Almost everyone knows that past performance is no guarantee of future performance, but let me ask you this. If you had the choice between any investment that beat the S&P every year for a very long time and any investment that never beat the S&P in the same amount of time, which would you choose? Some fund managers, ceo's, corporations,banks,gov'ts,etc have an obsession with increasing investment value.Look for this...it's there..If you disagree, that's fine.Darts work too,just not as well as a truly gifted money manager/exec/company/etc.You're letting the statistical majority blind you of the exceptions you should be seeking.

Answer 1

The trouble is, no matter how much previous performance you look at, it doesn't predict future performance. People have done statistical studies on this, and a stock that has outperformed the market is no more likely to do so in the future than any other stock (assuming all the information you have is the past performance).

Don't try to pick stocks, just buy and hold index funds.