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Warren Buffett’s mentor said his wealth came down to luck. Is your life savings riding on a coin flip?

MarketWatch· Mark Hulbert· Jun 17, 2026 · 10:48 PM
Warren Buffett’s mentor said his wealth came down to luck. Is your life savings riding on a coin flip?

The illusion of investing knowledge is powerful: Why you’re probably paying a financial adviser for pure chance.

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