One of the differentiating features between smart and not-so-smart investors in my view is their ability to know how much of investing is not only beyond their control, but simply the result of random events. Note that in the previous sentence, I did not differentiate between smart professional investors and not-so-smart retail investors, simply because…
Keep reading with a 7-day free trial
Subscribe to Klement on Investing to keep reading this post and get 7 days of free access to the full post archives.