News cycles can be negative, while the stock market continues to trend upwards in 2023. Market sell-offs tend to feed upon itself, culminating in a few days of intense losses — but this is always temporary. Most of the time, bad years are followed by good recovery years.

Everyone knows about Warren Buffett as an excellent investor and probably you do too. But if all you’re trying to do is to mimic his investment process, then you are missing the forest for the trees.

How much of investment success is a matter of luck?