Michael Mauboussin: Untangling Skill and Luck in Business [VIDEO]

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Michael Mauboussin: Untangling Skill and Luck in Business [VIDEO]
Darien Library Meet the Author: Michael Mauboussin (CC BY-ND 2.0) via <a href="https://www.flickr.com/photos/darienlibrary/4068740879" target="_blank">Flickr</a>

Michael Mauboussin: Untangling Skill and Luck in Business [VIDEO]

How do we know which of our successes and failures can be attributed to either skill or luck? That is the question that investment strategist Michael Mauboussin explores in his book The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing. Wharton management professor Adam M. Grant recently sat down with Michael Mauboussin to talk about the paradox of skill, the conditions for luck and how to mitigate against overconfidence.

H/T ValueInvestingWorld

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