Michael Mauboussin: Investment Results Are Largely About Luck

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Michael Mauboussin: Investment Results Are Largely About Luck
Darien Library Meet the Author: Michael Mauboussin (CC BY-ND 2.0) via Flickr

Michael Mauboussin is considered an expert in the field of behavioral finance and has some famous books on the topic including, Think Twice: Harnessing the Power of Counterintuition and More More Than You Know: Finding Financial Wisdom in Unconventional Places.

Luck plays a much greater role in short-term investment results than many investors may think Credit Suisse’s Michael Mauboussin explains how investors can learn to avoid mistakes, and the ‘dumb money effect’

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