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


DANGORDONBOOK VAL GROWTH RATE 2-12-17
nmccutcheonMid-cap value
Marty Fletcher10% ROE ROC 12 PE
milesahead04smallCap AllAround2
milesahead04smallCap AllAround
vinsandhuROE2 Asia
pbarker46Size, debt/equity, E10
DBrizanOUSA beater CDN 25FEB2017
pbarker46Historically cheap
pbarker46Low short % & Hist. PB
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