The Motley Fool Discussion Boards

Previous Page

CAPS / Lessons from CAPS

URL:  http://boards.fool.com/quite-welcome-dan-glad-you-found-it-useful-one-28547740.aspx

Subject:  Re: Lucky or skillful? Date:  6/1/2010  12:17 PM
Author:  TMFTwitty Number:  168 of 182

Quite welcome Dan, glad you found it useful.

One thing I found interesting was the assumption that an individual's superior performance was driven by superior information. I'm not sure how true that is--I suspect judgment and temperament may play a larger role, especially when dealing with real dollars instead of just predicted performance.

I'd rather have good judgment and temperament than access to information if I had to choose. You can give an amateur the keys to a Ferrari F1 and a map of the course, but that doesn't equate to a successful race.

Richard
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us