…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…
Search Results for: Luck
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…
Bernstein: Investors Have Forgotten 2008 Pain
…argues that data from the last nine decades shows that “almost all money manager outperformance is due to luck, not skill. That is, picking past winners almost never pans out.”…
What is Risk?
…live with. [5] The Risk of Bad Luck One of the toughest risks we all face as investors is the risk that we will do everything right and we still…
Quants Trounced by Human-Run Hedge Funds in Covid Year
…“Whether by luck or by skill,” the article concludes, human stock-pickers showed that, even during the disruption of this past year, they could “still stand up to the seemingly inexorable…
An Investing Lesson from Harvard’s Below-Average Endowment Performance
…than luck: It’s nearly impossible to discern whether performance in the short- and medium-term is due to skill or luck. So, as important as it is for Harvard’s endowment managers…
The Importance of Separating Your Politics From Your Portfolio
…the same situation with Republican presidents. source: https://www.mcleanam.com/are-republicans-or-democrats-better-for-the-stock-market/ The Role of Luck and Timing But I think the bigger reason that it is very difficult to use the party that…
What Bitcoin Taught Me About Risk & Reward In Investing & Life
…was more luck than skill involved. But there was one upside I never expected. The Phone Call On Monday November 12th, 2018 at around 7:30 in the morning, my wife,…