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What if the key to winning the market is not to win at all? : Planet Money : NPR

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What if the key to winning the market is not to win at all? : Planet Money : NPR

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This photo taken on January 10, 2022 in Forges-les-Eaux, Normandy, shows a slot machine at the 'Domaine de Forges' casino, owned by the Partouche group. (Photo by STEPHANE DE SAKUTIN / AFP) (Photo by STEPHANE DE SAKUTIN/AFP via Getty Images)

Stephane De Sakutin/AFP, Getty Images

This photo taken on January 10, 2022, in Forges-les-Eaux, Normandy, shows a slot machine at the

Stephane De Sakutin/AFP, Getty Images

In the financial world, there is an eternal question: Is success in the financial markets based on luck or skill? Today on the show, we interviewed two investors who have their own answers to this question.

First, a former bond manager told us that the secret to his wild success was not to win at all, a strategy he called “strategic mediocrity.” Then, Two researchers Build a simulated bond portfolio to analyze the strategy of investing legend Bill Gross. Is Bill Gross’s fund outperforming because of his skill? If so, what is his skill like?

music: “Always“”You really want me,” and”coral“”.

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