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This week, Zak is discussing four different types of “luck” and how they impact your ability to build wealth.
Stay in Touch:
The Four Types of Luck [1:54]
What would you do to maximize your chance of being lucky or successful? [5:35]
Be in the right place at the right time [7:23]
If you work hard enough, eventually, you’ll get clients [9:15]
Be good at spotting luck [10:13]
Position yourself for luck [12:41]
Challenge yourself [15:23]
Zak’s favorite economics joke [15:42]
Most luck is not random [17:00]
Thank you for listening—we hope you enjoyed this philosophical discussion. If you have any thoughts regarding luck and finance, please let us know! We are always happy to discuss. Additionally, if you have any questions regarding your portfolio, don’t hesitate to reach out.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
All investing includes risk including the possible loss of principal. No strategy assures success or protects against loss.
The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.