A review by joshmaher
The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing by Michael J. Mauboussin

5.0

What a great book - there is a lot that investors of all types can learn from this book. Whether you are a money manager, invest your own account, invest in real estate... or more importantly invest in early stage companies - there is a lot that could be learned from understanding where skill and where luck come into play when looking at success. Refining the process of investing is incredibly undervalued for any investor as well as for operators, engineers, and most professions. If you want to have a head start - implement these tools.