GuruFocus Premium Membership

Professional Value Investing Tools at Affordable Prices

Try It 100% for 7 Days!

Canadian Value
Canadian Value
Articles (4525) 

Michael Mauboussin Presentation - Skill or Luck, What Drives Investment Performance

March 31, 2014

Your investment thesis can be completely flawed, yet an investment can work out tremendously for you because of an unforseen (lucky) event.

On the other hand, you can have a sound investment thesis ruined by an unlucky occurrence.

What is more important in investing? Skill or luck....

Michael Mauboussin discusses:

About the author:

Canadian Value

Rating: 5.0/5 (1 vote)



Please leave your comment:

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)