Thanks Mudit and Pragnesh for an illuminating discussion,
I have a slightly different point of view. At the end of the day individual stock CAGR is an useless metric for an investor as any PF will have lets say a median retail investor will have lets say 10-20 shares in the PF.
All that matters is PF CAGR. To expect that all shares will be at high points throught is impossible. What is the probability that the share you have swapped into will continue to go up and will not stagnate or drop below.
4 years of a mega bull run has conditioned us into thinking we can time a stock.
Hindsight is golden. The Future is uncertain.
This is my extremely limited non expert and maybe dumb 2-cent view.
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