Hot Reads: The Ephemeral Nature of Luck

Compiled by ETF.com Staff

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 (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 (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 (Morningstar)
Bitcoin did not make the cut.

IPO Market on Track for Worst Performance in 30 Years (Institutional Investor)
The third quarter's proceeds are the lowest since 2008.

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 (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 (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 (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 (Benzinga)
ERY is also trading in a confirmed uptrend, making a series of higher highs and higher lows.