#1066
Mentioned in 17 episodes

The success equation

Untangling Skill and Luck in Business, Sports, and Investing
Book • 2012
In this book, Michael Mauboussin helps readers understand the interplay between skill and luck in achieving successes and failures.

He provides a framework to analyze the relative importance of skill and luck, offering concrete suggestions for applying these insights to improve decision-making.

The book covers various concepts such as the continuum of activities from pure luck to pure skill, the importance of sample size, and the use of tools like checklists to enhance performance.

Mauboussin draws on examples from sports, business, and investing to illustrate his points, making the book a valuable resource for anyone seeking to make better decisions in both professional and personal life.

Mentioned by

Mentioned in 17 episodes

Mentioned by Michael Mauboussin as a book exploring the interplay of skill and luck in various fields, including business and investing.
200 snips
Michael Mauboussin Master Class — Moats, Skill, Luck, Decision Making and a Whole Lot More
Recommended by David Rosenthal as a resource for understanding skill vs. luck in various fields.
178 snips
SpaceX
Mentioned as a paper discussing stock-based compensation and its impact on equity issuance.
18 snips
Audiobook - Shareholder Yield: A Better Approach to Dividend Investing - 2nd Edition | #565
Mentioned by Dr. Joe Sweeney as one of Michael Mauboussin's popular books in the field of decision making.
BONUS – Michael Mauboussin on the Decision Education Podcast
Mentioned by Dr. Joe Sweeney as one of Michael Mauboussin's popular books in the field of decision making.
BONUS – Michael Mauboussin on the Decision Education Podcast
Recommended by Sam Arbesman as a book exploring the difference between skill and luck in various fields.
Rationally Speaking #83 - Samuel Arbesman On The Half-Life of Facts
Mentioned by Barry Ritholtz as a book that explores the relationship between luck and skill in sports, investing, and business.
Interview With John Roque: Masters in Business (Audio)
Recommended by Michael J. Lee as a fascinating read on skill and luck in business, sports, and investing.
Asia's Crypto Boom, Stablecoin Wars, and Crypto's Global Shifts | Roundup
Mentioned by Ted Seides as containing insights on the paradox of skill and anecdotes from sports.
[REPLAY] Michael Mauboussin – Active Challenges, Rational Decisions and Team Dynamics (Capital Allocators, EP.36)

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