LUCK
Coverage of LUCK in the Nexus archive.
- PSX snaps 5-day bullish streak, falls by over 1,100 points
The Pakistan Stock Exchange (PSX) ended a five-day upward trend, dropping over 1,100 points as investors took profits after a recent rally. The KSE-100 index fell below 187,000 points amid selling pressure in key sectors, with stocks like FFC, PPL, UBL, OGDC, and LUCK contributing to the decline. Analysts noted cautious sentiment due to weak regional markets but highlighted improving macroeconomic fundamentals as a long-term support.
- Opinion: What if this Ebola outbreak can’t be stopped?
The 2014 Ebola outbreak nearly spiraled out of control, with treatment centers overwhelmed and forced to turn away patients. The epidemic subsided due to international cooperation, local adaptations, and luck, not due to mastering the virus.
- The fragility of the world’s economic resilience
The article questions the true nature of the world's economic resilience, suggesting it may be based on luck rather than inherent strength. It highlights concerns about the fragility of current economic stability.
- Warren Buffett’s mentor said his wealth came down to luck. Is your life savings riding on a coin flip?
Warren Buffett’s mentor attributed his wealth to luck, and the article questions whether financial advisers' success is based on chance rather than expertise. It highlights the 'illusion of investing knowledge' and suggests people may be paying advisers for random outcomes.