Below are links to our most popular posts for this week on Validea’s Guru Investor blog. [1] The Underappreciated Role of Luck in Investing [2] Shiller: Stocks Could Rise Higher…
Search Results for: Luck
The Underappreciated Role of Luck in Investing
…to be disappointed. Still, someone was lucky enough to become a multi-millionaire overnight. While luck and pure chance sit at the heart of lottery winnings, elements of luck also play…
Hulbert's Observations from Tracking Investment Newsletters
…so.” On average, Hulbert argued, “luck dominates the short- or even the intermediate-term” with respect to stock market returns, and human emotions “are an overlay on top of that, which…
Knowing When Your Investment Process Has Failed
…may want to think twice because there it is more likely luck drove the results rather than the investment process. 2 – Is the Outcome I Have Seen Within the…
If You Take Risk, Get Compensated for It
…trying to figure out the specific value factor that will work best? If you try to do it, you may get lucky, and there are likely a select few within…
Ritholtz Ranks What Helps or Hurts Investment Returns
…worst enemies when it comes to investment performance. On average, their actions lower their returns significantly, but in the worst cases they demolish them.” Luck and random chance: “We often…
The Losing Battle to Consistently Beat the Market
…on different months it wouldn’t be there and at some point the mathematics will hit us. We’ve been lucky. Well, maybe it’s not 100% luck—maybe 95% luck.” Miller also went…
Common Mistakes in Factor Investing
…it be through our intellect or our hard work. When we fail, we tend to see outside factors as the reason. We think we did everything we could, but luck…
"I Don’t Know" – The Most Important Phrase in Investing
…are much more likely the result of luck than skill. They are much more likely noise than signal. Predicting short-term outcomes is a losing game. The key to investing is…
What Gambling and the Oakland A's Can Teach You about the Importance of Process
…odds in his favor. His gut feeling about which machine might pay out certainly doesn’t meet that test. His success is the result of nothing other than luck. He has…