1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Canadian Value
Canadian Value
Articles (4624) 

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
http://valueinvestorcanada.blogspot.com/

Rating: 5.0/5 (1 vote)

Voters:

Comments

Please leave your comment:


More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


pbarker46Dividend cos.
clemclem_99ultrasbetter
clemclem_99ultras
jebcolemanQuality&Value
CarstinSingapore Net-Nets
GKATUSAGKATUSA1
GKATUSAGKATUSA2
GKATUSAGKATUSA3
andrewgu999revenue growth
andrewgu999high operating margin
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)
FEEDBACK