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<p>[QUOTE="Cloudsweeper99, post: 1439032, member: 3011"]Most billionaires and millionaires make their money from operating businesses or as executives of companies. So while they may also be stock market investors, they can't automatically be considered experts. There is a clear path to becomming a successful investor. I've mentioned some of the people to study in previous posts. Common sense, gut feeling and good luck are what many people rely on. That's why they never get to the expert level. You are probably correct that your success in investing is luck. Just because you don't possess investment skills comparable to a surgeon's skills doesn't mean that they don't exist. Investing skills are probably comparable to, say, becomming a master bridge player. There is an element of chance, but in the end the experts rise to the top.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1439032, member: 3011"]Most billionaires and millionaires make their money from operating businesses or as executives of companies. So while they may also be stock market investors, they can't automatically be considered experts. There is a clear path to becomming a successful investor. I've mentioned some of the people to study in previous posts. Common sense, gut feeling and good luck are what many people rely on. That's why they never get to the expert level. You are probably correct that your success in investing is luck. Just because you don't possess investment skills comparable to a surgeon's skills doesn't mean that they don't exist. Investing skills are probably comparable to, say, becomming a master bridge player. There is an element of chance, but in the end the experts rise to the top.[/QUOTE]
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