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Mauboussin on ‘The Success Equation’

Posted By Barry Ritholtz On November 20, 2012 @ 11:37 am In Investing,Philosophy,Video | Comments Disabled

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

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