Success Equation Untangling Skill and Luck in Business, Sports, and Investing

Name: Success Equation Untangling Skill and Luck in Business, Sports, and Investing
Price: 3.89 USD
Availability: InStock
ISBN: 9781422184233

ISBN-10: 1422184234

ISBN-13: 9781422184233

Edition: 2012

Authors: Michael J. Mauboussin

List price: $34.50

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Book details

List price: $34.50
Copyright year: 2012
Publisher: Harvard Business Review Press
Publication date: 11/6/2012
Binding: Hardcover
Pages: 320
Size: 6.50" wide x 9.50" long x 1.25" tall
Weight: 1.474
Language: English

Michael J. Mauboussin is chief investment strategist at Legg Mason Capital Management and an adjunct professor at Columbia Business School. He is the author (with Alfred Rappaport) of Expectations Investing: Reading Stock Prices for Better Returns.



Acknowledgments


Introduction Sorting the Sources of Success



Skill, Luck, and Three Easy Lessons



Why We're So Bad at Distinguishing Skill from Luck



The Luck-Skill Continuum



Placing Activities on the Luck-Skill Continuum



The Arc of Skill



The Many Shapes of Luck



What Makes for a Useful Statistic?



Building Skill



Dealing with Luck



Reversion to the Mean



The Art of Good Guesswork


Appendix


Notes


Bibliography


Index


About the Author