Skill or Luck

Active mutual fund managers (stock pickers) want you to believe their results are based on skill. I say it’s based on pure luck. Watch this video and you decide… skill or luck?

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This entry was posted on February 22, 2010 at 2:03 pm and is filed under Uncategorized with tags coach, Coaching, Epiphany Capital, Investing, John Choi, managers, picking, risk, stock. You can follow any responses to this entry through the RSS 2.0 feed You can leave a response, or trackback from your own site.

One Response to “Skill or Luck”

Mark Matson Says:
February 24, 2010 at 11:50 am

Nice analogy and I loved the chart showing the randomness of so called active manager expertise and how the managers vary from quartile to quartile – very nice!

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John Choi TV.net

Skill or Luck

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