The AAII Journal
September 2013 Issue
Editor's Note »
This month's issue features a discussion about how to differentiate between luck and skill. It is a topic Michael Mauboussin of Credit Suisse covered in his book "The Success Equation" (Harvard Business Review Press, 2012). When we spoke, Michael opined that skill plays a role if you can affect the outcome.
Behavioral Finance »
Beginning Investor »
Financial Statements »
Portfolio Strategies »
Exchange-Traded Funds »
Insurance Products »
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Current news items of interest to individual investors.
Member questions and comments on recent AAII Journal articles.
Since luck plays a bigger role than skill in influencing investment returns, investors need to focus on their portfolio management process.
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