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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

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