"It's not only statistically impossible for Buffett to be a fluke, it's statistically impossible for him not to possess a a skill providing a substantial edge i

"It's not only statistically impossible for Buffett to be a fluke, it's statistically impossible for him not to possess a a skill providing a substantial edge in market investing. Not a "1% a year" type skill." No. It's statistically impossible for him to be the NORM, or some sort of aspirational figure. Statistics is exactly how we can measure how much of a fluke he is, and how lucky he's been. Give him 2% for ultra-talent, and another 5% for trading on the fact that he's Warren Buffett, and he's still a fluke. He is just able to put a thumb on the scales for personal/emotional reasons: implying to people like you that he's not a fluke. The odds of him being in that position are very long odds, and he lucked out and has taken advantage of it. If you run a lottery and draw one ticket, that's long odds but by definition one person will have won.