Investing Versus Playing – Know Your Recreation

By Brian J. Regan, CFA

A part of my job is to maintain folks from playing beneath the guise of investing. The problem in that job is that generally folks get fortunate playing. When folks get fortunate playing, it turns into very harmful for them in the long run. Luck may be misperceived as ability. On this article I wish to break down how we are able to acknowledge ability versus when luck is concerned.

Brian Regan

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