The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing
| Author | : | |
| Rating | : | 4.54 (995 Votes) |
| Asin | : | B00A07FR4W |
| Format Type | : | |
| Number of Pages | : | 131 Pages |
| Publish Date | : | 2013-11-15 |
| Language | : | English |
DESCRIPTION:
A good introduction to statistics and less of a business self-help book than I expected I bought this book because it showed up more often than any other on some year-end lists of books that investment professionals recommended. It also deals with topics I spend a lot of time thinking about - the untangling of skill and luck, and what are the keys to success that a person has control over.It was well done if somewhat different from my expectations. The first 2/3 of the book are essentially a gentle introduction to statistics us. Don said Highly enjoyable and comprehensible read.. The latest book by Michael Mauboussin explores the impact of luck and skill in business, sports, and investing. Since 199Highly enjoyable and comprehensible read. The latest book by Michael Mauboussin explores the impact of luck and skill in business, sports, and investing. Since 1993, Mauboussin has been an adjunct professor at the Columbia Graduate School of Business, where he has won awards for his teaching. It is easy to see why he is so popular with students. Mauboussin was extremely well received when he spoke to CFA Society Toronto about his last book, Think Twice: Harnessing the Power of Count. , Mauboussin has been an adjunct professor at the Columbia Graduate School of Business, where he has won awards for his teaching. It is easy to see why he is so popular with students. Mauboussin was extremely well received when he spoke to CFA Society Toronto about his last book, Think Twice: Harnessing the Power of Count. Integrating Intuition with Deep Thinking Wondering what makes it so hard to make good decisions? Reading or really seriously studying Mauboussin's new book (amazon.com/The-Success-Equation-Untangling-Investing/dp/1Integrating Intuition with Deep Thinking Andrea M. Schara Wondering what makes it so hard to make good decisions? Reading or really seriously studying Mauboussin's new book (amazon.com/The-Success-Equation-Untangling-Investing/dp/1422184234) is a fascinating education in how the brain misperceives the environment in predictable ways.Mauboussin identifies the ways we can be tricked by short cut thinking and rules of thumb decision-making. He even makes it seem possible, before breakfast, to understa. 2218Integrating Intuition with Deep Thinking Andrea M. Schara Wondering what makes it so hard to make good decisions? Reading or really seriously studying Mauboussin's new book (amazon.com/The-Success-Equation-Untangling-Investing/dp/1422184234) is a fascinating education in how the brain misperceives the environment in predictable ways.Mauboussin identifies the ways we can be tricked by short cut thinking and rules of thumb decision-making. He even makes it seem possible, before breakfast, to understa. 23Integrating Intuition with Deep Thinking Andrea M. Schara Wondering what makes it so hard to make good decisions? Reading or really seriously studying Mauboussin's new book (amazon.com/The-Success-Equation-Untangling-Investing/dp/1422184234) is a fascinating education in how the brain misperceives the environment in predictable ways.Mauboussin identifies the ways we can be tricked by short cut thinking and rules of thumb decision-making. He even makes it seem possible, before breakfast, to understa. ) is a fascinating education in how the brain misperceives the environment in predictable ways.Mauboussin identifies the ways we can be tricked by short cut thinking and rules of thumb decision-making. He even makes it seem possible, before breakfast, to understa
It is thoroughly researched and well written. It is almost as if the number crunchers heralded in Michael Lewis’ Moneyball have found their second voice.” Business World magazineMauboussin excels at explaining his ideas, many of which are based on complex neuroscience in accessible terms, using case studies and examples from investing decisions, college rankings, and hospital procedures.” Publishers Weekly for investors and business executives wishing to minimise the risk of bad luck, this is a book worth reading.” Financial Timesthere is a lot of thought-provoking stuff in the book, for sports fans as well as inves
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. Once we understand the extent to which skill and luck contribute to our achievements, we can learn to deal with them in making decisions.The Success Equation helps us move toward this goal by: Establishing a foundation so we better understand skill and luck, and can pinpoint where each is most relevant Helping us develop the analytical tools necessary to understand skill and luck Offering concrete suggestions about how to take these findings and put them to workShowcasing Mauboussin’s trademark wit, insight, and analytical genius, The Success Equation is a must-read for anyone seeking to make better decisionsin business and in life.. 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 decis