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Is Success Due to Hard Work, Talent, or Luck?

Money For the Rest of Us

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Investing in the Emerging Markets and Frontier Markets

The most right managers, the most successful were only right about 55% of the time. Those that actually did add value, that 18%, it was due to stock selection. Investors should primarily focus on passive index funds and ETFs. But there are areas where active managers do very well.

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