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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.

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

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

Published June 17, 2026 · Category: Finance

Overview

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

Source

Originally published at www.marketwatch.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.