Because investors attribute the advertised high past returns to managerialskill rather than luck, they mistakenly believe that the returns are likely to continue.
Modern investors are much more sophisticated in the way they think about risk, in particular separating the returns available from market movements (beta in the jargon) and managerialskill (alpha).
Step 2- Invest in analytics skills development : A Study by Accenture published a year ago, found the top in-demand skill gap for US Workers as problem solving , analytical skills and managerial skills. 55% of the workers report to be under pressure to develop additional skills however only 21% are reported to have acquired it through company-provided formal training.