The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing
The Success Equation explores the often-misunderstood roles of skill and luck in business, sports, and investing. Michael J. Mauboussin presents a framework for separating repeatable ability from chance, helping readers develop a more disciplined way to interpret performance, evaluate outcomes, and understand the forces behind success.
About This Book
The Success Equation examines the relationship between skill and luck in determining outcomes.
Michael J. Mauboussin applies this perspective to business, sports, and investing.
The book encourages readers to distinguish repeatable ability from chance when evaluating performance and success.
Its central framework offers a practical way to think more clearly about results, decisions, and uncertainty.
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