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

    By Michael J Mauboussin
Much of what we experience in life results from a combination of skill and luck. -- From the Introduction The trick, of course, is figuring out just how many of our successes (and failures) can be attributed to each--and how we can learn to tell the difference ahead of time.
In most domains of life, skill and luck seem hopelessly entangled. Different levels of skill and varying degrees of good and bad luck are the realities that shape our lives--yet few of us are adept at accurately distinguishing between the two. Imagine what we could accomplish if we were able to tease out these two threads, examine them, and use the resulting knowledge to make better decisions.
In this provocative book, Michael Mauboussin helps to untangle these intricate strands to offer the structure needed to analyze the relative importance of skill and luck.
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ISBN 9781422184240
Language English
Publish Date 10/15/2012
Publisher Harvard Business Review Press

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