Skill Versus Luck: An Enormous Advantage In Trading And Investing

Skill Versus Luck: An Enormous Advantage In Trading And Investing

"Most of the successes and failures we see are a combination of skill and luck that prove maddeningly difficult to tease apart." - Michael J. Mauboussin (The Success Equation) Around the time I turned 21 years old and visited a casino for the first time, I remember someone telling me that the worst thing that [...]