Cash and Cash Flow are real, everything else is opinion.
By: Don Shaughnessy People are not intuitive about probability. It would help if they were. How lotteries work That is one of the reasons lotteries work. In Canada, Lotto Max requires you pick 7 numbers from a pool of 49. There are 85,900,584 ways…
What we see may be only one of many possibilities. Do not rely heavily on a single instance.
The ultimate outlier fund manager. 66% before fees over a 30-year period.
It might be possible to make your own luck.
The 1994 anomoly and what we can learn from it.
Handling sell and hold decisions poorly costs you.