Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.

Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Strategy off to a Bad Start? Lady Luck Could Be Looking the Other Way... - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  
The Equitymaster Research Digest

Strategy off to a Bad Start? Lady Luck Could Be Looking the Other Way...
Mar 3, 2017

  • Skill or Lady Luck?
  • Profit Velocity vs Mr Market
  • 15 years of great returns from safe stocks

We've talked so much about the stellar performance of Microcap Millionaires that we may have begun to sound like a broken record.

Of course, we want to promote the service and support our business...

But we're also convinced that Microcap Millionaires is among the simplest yet most powerful systems to earn some really good money over the long term.

Naturally, we want as many people as possible to benefit from it. And in all honesty, I would allocate a good chunk of my own savings to this strategy if the regulators would allow it!

That said, luck has played an important role the service's performance. We couldn't have foreseen the huge bull market that started just weeks after we launch. Without the lucky launch, the service might have taken a bit longer to show the same kind of outperformance.

Identifying the Fine Line

Which brings me to my point today: The inability to differentiate luck from skill could have a devastating effect on your long-term returns from stocks.

To Read the Full Story, Subscribe or Sign In

Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms