

#2191
Mentioned in 20 episodes
The success equation
Untangling Skill and Luck in Business, Sports, and Investing
Book • 2012
In this book, Michael Mauboussin helps readers understand the interplay between skill and luck in achieving successes and failures.
He provides a framework to analyze the relative importance of skill and luck, offering concrete suggestions for applying these insights to improve decision-making.
The book covers various concepts such as the continuum of activities from pure luck to pure skill, the importance of sample size, and the use of tools like checklists to enhance performance.
Mauboussin draws on examples from sports, business, and investing to illustrate his points, making the book a valuable resource for anyone seeking to make better decisions in both professional and personal life.
He provides a framework to analyze the relative importance of skill and luck, offering concrete suggestions for applying these insights to improve decision-making.
The book covers various concepts such as the continuum of activities from pure luck to pure skill, the importance of sample size, and the use of tools like checklists to enhance performance.
Mauboussin draws on examples from sports, business, and investing to illustrate his points, making the book a valuable resource for anyone seeking to make better decisions in both professional and personal life.
Mentioned by
Mentioned in 20 episodes
Mentioned by 

as one of the author's many books.


Tim Ferriss

769 snips
#659: Michael Mauboussin — How Great Investors Make Decisions, Harnessing The Wisdom (vs. Madness) of Crowds, Lessons from Race Horses, and More
Recommended by 

as a resource for understanding the influence of luck and skill in life.


Annie Duke

688 snips
Improve your decision-making, frameworks for learning, backcasting, and more | Annie Duke (#60 rebroadcast)
Mentioned by 

as two books he loves.


Shane Parrish

377 snips
#1 Michael Mauboussin: When To Trust Your Gut
Mentioned by 

as a book exploring skill and luck in various fields.


Tim Ferriss

363 snips
#666: In Case You Missed It: March 2023 Recap of "The Tim Ferriss Show"
Mentioned by Michael Mauboussin as a book exploring the interplay of skill and luck in various fields, including business and investing.

262 snips
Michael Mauboussin Master Class — Moats, Skill, Luck, Decision Making and a Whole Lot More
Recommended by 

as a resource for understanding skill vs. luck in various fields.


David Rosenthal

250 snips
SpaceX
Mentioned by ![undefined]()

as an author of several influential books.

Cameron Passmore

179 snips
Episode 344 - Michael Mauboussin: The One Job of an Equity Investor
Recommended by 

as a book that explores the influence of luck and skill in our lives.


Annie Duke

139 snips
#60 - Annie Duke, decision strategist: Poker as a model system for life—how to improve decision making, use frameworks for learning, and apply 'backcasting' to boost your odds for future success
Mentioned by ![undefined]()

as a study of skill, luck and path dependency that informs his thinking about investing and decisions.

Stuart Dunbar

45 snips
The active edge: the case for growth in uncertain times
Recommended by 

as an amazing exploration of luck and skill.


Annie Duke

34 snips
20VC: Annie Duke on Reversible vs Irreversible Decisions, How To Evaluate Risk, The Theory of Sunk Cost in Venture & How to Optimise Both the Discussion and Quality of Investment Decisions







