Understanding Luck and Randomness in Investing

In investing, you’re always searching for a pot of gold. But sometimes, “luck” has other plans.

Nick Sciple, Jim Gillies, and Emily Flippen got together on an episode of our members-only livestream for a conversation about the role of luck in investing. In this selection from that conversation, they discuss:

• Being early to trends, and lucky to sell 
• The importance of journaling
• Time horizons, and what it means for stocks to be “up for sale every day.” 

To learn more about Stock Advisor, our flagship investing service, visit: www.fool.com/emily

Host: Nick Sciple

Guests: Jim Gillies, Emily Flippen

Producer: Mac Greer

Engineers: Rick Engdahl

Companies discussed: BCE, RY, NFLX, GPRO, AMZN

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