Investors overestimate the importance of skill and underestimate the roll of random chance in investment returns. That’s the key finding of a study conducted by researchers at the University of Mannheim, in Germany. The study, entitled “Fooled by Randomness, Investor Perception of Fund Manager Skill” offers amazing insights into the nature of investing performance…. CLICK HERE to watch the video.
The Evidence-Based Investor Video series is a service provided by Paul Philip and the team at Financial Wealth Builders Securities