"History doesn't repeat itself, but it often rhymes" — Mark Twain
But that would mean that the people who trade stocks for a living are winning as much by luck as skill. Please don't tell them that! Their egos may never recover!
Investing is mostly driven by luck. Doing it long-term helps, but luck is still the most influential factor.
But that would mean that the people who trade stocks for a living are winning as much by luck as skill. Please don't tell them that! Their egos may never recover!
Investing is mostly driven by luck. Doing it long-term helps, but luck is still the most influential factor.