The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing
Michael J. Mauboussin explores how skill and luck interact to shape results in business, sports, and investing. The Success Equation provides a framework for understanding performance, evaluating outcomes, and thinking more carefully about uncertainty when success cannot be attributed to ability alone.
About This Book
The Success Equation examines the relationship between skill and luck in determining outcomes.
Michael J. Mauboussin applies this central idea to business, sports, and investing.
The book offers a framework for thinking about performance when both ability and chance influence results.
Its focus is on untangling the factors behind success and developing a more informed perspective on uncertainty.
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