In investing, you’re always searching for a pot of gold. But sometimes, “luck” has other plans. Nick Sciple, Jim Gillies, and Emily Flippen got together on an episode of our members-only livestream for a conversation about the role of luck in investing. In this selection from that conversation, they discuss: Being early to trends, and lucky to sell The importance of journaling Time horizons, and what it means for stocks to be “up for sale every day.” To learn more about Stock Advisor, our flagship investing service, visit: www.fool.com/emily Host: Nick Sciple Guests: Jim Gillies, Emily Flippen Producer: Mac Greer Engineers: Rick Engdahl Companies discussed: BCE, RY, NFLX, GPRO, AMZN Learn more about your ad choices. Visit megaphone.fm/adchoices

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“What did the council decide on item 42?” — answered with the speaker and the moment.