##  [# Hot Reads: The Ephemeral Nature of Luck ](/sections/daily-hot-reads/hot-reads-ephemeral-nature-luck) 

 

# Hot Reads: The Ephemeral Nature of Luck 

 

 

 Plus, earnings are a source of hope for investors as the year draws to a close.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Oct 03, 2022

 Edited by: ETF.com Staff

 

 

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*Compiled by ETF.com Staff*

**[Skill Persists, But Luck Is Ephemeral](https://www.evidenceinvestor.com/skill-persists-but-luck-is-ephemeral/)** (The Evidence Based Investor)  
 Luck plays a part in active fund management as it does in sport.

**[Global Stocks Pin Hops of Year-End Rally on Earnings Resilience](https://www.advisorperspectives.com/articles/2022/10/02/global-stocks-pin-hopes-of-year-end-rally-on-earnings-resilience)** (Advisor Perspectives)  
 Investors are primed for any bit of good news to help them forget brutal quarter.

**[El-Erian: 'Economic Accident' Would Precede A Central Bank Pivot](https://www.fa-mag.com/news/el-erian-warns--economic-accident--would-precede-any-central-bank-pivot-69941.html)** (FA Mag)  
 The economist has a cautionary word for those anticipating an end to interest rate increases from the Fed and other central banks.

**[The 5 Best Financial Innovations](https://www.morningstar.com/articles/1115635/the-5-best-financial-innovationsever)** (Morningstar)  
 Bitcoin did not make the cut.

**[IPO Market on Track for Worst Performance in 30 Years](https://www.institutionalinvestor.com/article/b2009nj9bsgzd8/The-IPO-Market-Is-on-Track-for-Its-Worst-Performance-in-30-Years)** (Institutional Investor)  
 The third quarter's proceeds are the lowest since 2008.

**[Getting Long-Term Bullish](https://awealthofcommonsense.com/2022/10/getting-long-term-bullish/)** (A Wealth of Common Sense)  
 Balancing long-term bullishness with short-term bearishness.

**[It's Getting More Expensive to Bet Against Cathie Wood](https://www.advisorperspectives.com/articles/2022/10/01/its-getting-more-expensive-to-bet-against-cathie-wood-and-investors-are-paying-up)** (Advisor Perspectives)  
 Short-sellers are homing in on the ARK Invest's CEO's pool of ETFs.

**[Texas ESG Attack Sweeps Up Funds That Aren't Really ESG](https://www.fa-mag.com/news/texas-esg-attack-sweeps-up-funds-that-aren-t-really-esg-69947.html)** (Financial Advisor)  
 A state statute targeting perpetrators of ESG includes many investment funds that don't have a genuine ESG stance.

**[Investing in the Era of Climate Change](https://blogs.cfainstitute.org/investor/2022/09/30/book-review-investing-in-the-era-of-climate-change/)** (CFA Institute)  
 The implications of climate change for the investment community and how investment capital allows us "to save us from ourselves."

**[This Inverse ETF Tracks the Energy Sector](https://www.benzinga.com/trading-ideas/long-ideas/22/09/29102906/bearish-on-exxon-chevron-this-inverse-etf-tracks-the-energy-sector)** (Benzinga)  
 ERY is also trading in a confirmed uptrend, making a series of higher highs and higher lows.



 

 

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