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Investing: What’s luck got to do with it?


Published:Mon, 20 Sep 2010 21:03:24 -0700 
Some investors believe their investment skills are above average because they pick a big winner now and then. This is similar to surveys which reveal that more than 80 percent of drivers believe their abilities to navigate the highways were “above average.” Obviously only 49 percent can be above average by definition. The problem with the human ego is that we attribute successes to our own ......

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