meritocracy

Jeff Bezos and the Meritocracy Kings

The cream rises to the top. The most fit deserve the most reward. Bah! That’s rubbish. Meritocracy ignores luck and survivorship bias, and we need to fix it

stock market success luck skill

Stock Market Success: Luck or Skill?

You’ll be surprised by the recent results of the Best Interest Stock Picking Competition. Was the stock market success just luck?