…do with luck than skill. Stage Three: The bubble is inflated by investors driven by FOMO, and the influx of capital drives prices to be wildly overvalued. Investors tend to…
Search Results for: Luck
Value Investing’s Golden Era Returns
…value investor—folded his investing fund, lacking anything of value to purchase. But eventually, the Nifty 50’s luck ran out with the Arab Oil Embargo in 1973 and the period of…
Were Great Returns The Result of Skill or Luck?
Determining if a manager produced high returns thanks to their expertise or because of luck is a key piece of information for investors who are selecting which firm to give…
What Seeing Galaxies From “Far, Far Away” With The Webb Telescope Can Teach Us About Investing
…previous and upcoming podcast guest, Kai Wu, of SparkLine Capital has done research on how intangibles and innovation can generate alpha. Good Luck Picking Winners Galaxies have lifespans, and while…
Behavioral Bias Lessons
…that choosing a stock whose price skyrocketed indicates brilliance on the part of the investor, rather than just luck and a market pumped full of cheap money. “Herd Behavior”—going along…
Active Managers’ Winning Streak Won’t Last
…So while the stories abound of stock pickers beating the market this year, it’s best to remember that it’s likely more luck than skill that’s sustaining their current winning streak….
The Kidd Who Went Toe To Toe With Buffett
…Zweig asked him whether his success is due to luck or to skill, Kidd said, “It’s when you’ve been fortunate enough to make an investment in a great company, and…
My Biggest Lessons From 2021
…invincible. You tend to attribute all of that outperformance to skill, when in reality much of it is luck. I learned that lesson the hard way. Probably the biggest change…
Rock-Star Investor Finds Her Flock
…tells us. Though some predict her luck may run out soon, Wood continues to look for new opportunities and told Bloomberg News in May, “Keep the faith.” Get Full Access…
Zweig: When High Returns Are Not Enough
…earn such sizeable returns, he argues, an investor needs “enormous skill, phenomenal luck and the nerves and reserves to withstand bloodcurdling losses. In other words,” he says, “you have to…