Ssendom

No Mack. You can get the dmg/regen/mit or the Mit/Regen/Acc-Eva or Regen/ Acc-Eva/ Dmg.

Is it making sense now?

Ah, ok that was how I'd read the rules, but what you guys were saying made it sound like I could gain stats from four items and I was all "MIND BLOWN!"

You have 4 items with stats, and can only benefit from three of them. 1 of them will be considered vanity until you move around your stats to utilize it but something else becomes vanity.