Read this piece from 1984 addressing this topic. The core point being if you find a group of people with some proximity and they're all lotto winners, as you pu

Read this piece from 1984 addressing this topic. The core point being if you find a group of people with some proximity and they're all lotto winners, as you put it, maybe there's something else to explain it: https://www8.gsb.columbia.edu/articles/columbia-business/superinvestors https://www8.gsb.columbia.edu/articles/columbia-business/sup...