4min chapter

The Alchemy of Money cover image

Reflections on the Investing Process with Michael Mauboussin

The Alchemy of Money

CHAPTER

Are You Taking Yourself Offline to Improve Your Investing?

In every domain, elite performers tend to practice. Once you've got the sort of people thing the other interesting question is in every domain, again, elite performers tends to practice. And there are lots of interesting questions that come out of that for example, topics like skill transfer so if I teach you to be a great poker player or backgammon player are those skills going to map over to your investing seat? That's a really interesting question. The evidence shows it when people get feedback they're not necessarily an actor it, they get better than before. They just get it better better this these probabilistic forecast so it all works. But it's so again this requires a little bit

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