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From:
CFA Institute Enterprising Investor
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Luck vs. Skill: Great Investment Leaders Know the Difference
https://blogs.cfainstitute.org/investor/2025/02/21/luck-vs-skill-great-investment-leaders-know-the-difference/
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Our egos are hardwired to fall into the trap of confounding luck and skill. By recognizing the role of chance and reinforcing analytical discipline, investment leaders can build more resilient strategies and teams.
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