The Success Equation Untangling Skill and Luck in Business, Sports, and Investing

"Mauboussin excels at explaining his ideas, many of which are based on complex neuroscience in accessible terms, using case studies and examples from investing decisions, college rankings, and hospital procedures." -- "Publishers Weekly" ..". for investors and business executives wishing to minimise the risk of bad luck, this is a book worth reading." -- "Financial Times" "there is a lot of thought-provoking stuff in the book, for sports fans as well as investors." -- "The Economist" "For investors who don't mind wading into some technical weeds, though, Mauboussin suggests some concrete tools." -- "U.S. News & World Report" "Well written and analytical, this book completely changed how I think about success." -- The Motley Fool (fool.com) "There are tons of statistics and abstractions, yet there is coherence and precision in Michael J. Mauboussin's new book, "The Success Equation." Filled with instances from sports and markets, it's an insightful read." -- Mint (livemint.com) "It's always hard to get the balance between detail and readability right when writing a popular book about math. But Mauboussin manages it well." -- "MoneyWeek" ..".the clarity of Mauboussin's writing, and the quality of the examples makes the book a worthy addition to the managerial library." -- "strategy+business" Magazine ""The Success Equation" makes a valuable contribution to the literature on decision making when both luck and skill are involved. It is thoroughly researched and well written. I highly recommend the book to anyone interested in making better investment choices." -- CFA Institute "an engaging book." -- "Choice" Magazine "In "The Success Equation," Mauboussin explores the contributions of skill and luck, and discusses how interpreting past results through the 'skill-luck continuum' can help leaders to make better decisions...This can be a useful way to look at business leadership... [He observes that] luc