Michael Mauboussin, chief investment strategist at Legg Mason Capital Management Inc., talks about his new book “The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing.” Mauboussin talks with Tom Keene and Sara Eisen on Bloomberg Television’s “Surveillance.”

Viewers should pay close attention to his definition of certainty vs uncertainty and experience vs expertise:

Source: Bloomberg, Nov. 20 2012

Category: Investing, Philosophy, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Mauboussin on ‘The Success Equation’”

  1. [...] Mauboussin on ‘The Success Equation’ blog post by Barry Ritholtz. [...]

  2. [...] is an orginal thinker with outstanding insight, discussed this very subject not too long ago. On Bloomberg TV, he had broad discussion of skill and luck in sports, business and investing. Almost as an aside, [...]