Is investing a winner’s game or a loser’s game?
The difference between a winner’s game and a loser’s game in investing
Investing can be viewed as either a winner’s game or a loser’s game, depending on the approach taken by investors. In a winner’s game, the outcome is primarily determined by the excellence of the winner. This is often the case in professional tennis, where the victor is the one who consistently hits the most winning shots. On the other hand, investing can also be seen as a loser’s game, where the outcome is determined by the mistakes made by the loser. This is similar to amateur tennis, where the winner is the one who simply keeps the ball in play while the opponent makes errors.
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