The Wall Street Journal

The random path to stock market riches

The random path to stock market riches
Throwing darts at the New York Stock Exchange pages. (Image: WSJ)
The Wall Street Journal
By Spencer JakabWords rarely heard from star fund managers: “I just got lucky.”Some might blame poor timing or unforeseen events for a lousy year, but success is somehow never an accident. It most certainly was for Heard on the Street’s columnists as we once again trounced the best and the brightest in the hedge-fund world. There are lessons here that could boost anyone’s stock portfolio. Repeating an exercise from 2018, Heard’s columnists took a cue from Burton Malkiel, author of the investing classic &l...

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