In general, for most games or activities that we engage in, most folks get better at it with effort and time. In other words, the results of said activity has some sort of positive correlation with the amount of effort and time put into that said activity, of course, adjusted for the confounding effects of luck, talent and circumstances etc. Think about it: if you play tennis, the more you play, the better you get. Now, you might have some “off” days when you are terrible, but in general, you’d play better than a complete newbie. Not so when it comes to investing. In this post, I’m going to profile someone I know. Let’s call her “P”. P has a mid-level managerial position in an MNC, pretty famous, listed in the US, most people would have at least heard of it. As part of the benefits of her...