Summary
Most outcomes mix skill and luck. Mauboussin shows how to tell them apart and why doing so leads to better decisions, then defines the features of skill in investing.
Source
- Title
- Untangling Skill and Luck
- Author
- Michael J. Mauboussin
- Year
- 2010
- Published by
- Legg Mason Capital Management
- Length
- 42 pages
- File
- PDF · 971 KB