Skill and luck
Michael Mauboussin is the head of global financial strategies at Credit Suisse. He also teaches at Columbia Business School.
He’s a student of uncertainty with a deep interest in the respective roles of skill and luck in determining outcomes in different areas of life including business, investing, and sports.
In this 75 minute interview, Michael shares his thoughts on a wide range of topics including the relative roles of skill and luck in different fields, the difference between fund management as a profession and fund management as a business, and some of our most common human biases.
Although the interview is 75 minutes long, when I reached the end I wished it had been longer.
Originally published at Thoughts of a VC.