Subject: Re: What constitutes success?
Success could have a couple tiers.
One could be to beat SPY with less downside/drawdown, however you want to quantify that. DDDD3 probably.
Another could be to realize some fixed target return, say 15% CAGR (since no one can do 20%) over a period of say three or five years.

Probably those are high bars that few achieve.

Mark