Luck vs. Skill in Investing: What Really Determines Financial Success?
- Author
- Dr. Daniel Crosby
- Published
- Sat 26 May 2018
- Episode Link
- https://www.standarddeviationspod.com/
Is investing a game of luck or skill? In this episode, we examine the three criteria needed to distinguish a game of luck from skill and find that financial markets land somewhere in the middle. We then discuss the implications of this finding for selecting appropriate investment vehicles.
