Archive for December, 2012

Michael Mauboussin: Investment Success Which Matters Most? Luck or Skill

December 7, 2012

Luck versus skill in investing! How much does each matter to investment success? Our guest this week, Financial Thought Leader Michael Mauboussin has written a new book on the topic. Titled The Success Equation: Untangling Skill and Luck In Business, Sports and Investing, its conclusions might surprise you. Continue Reading »

CHECK OUT THE IMPACT COSTS ARE HAVING ON YOUR PORTFOLIO

December 7, 2012

Use Vanguard’s “The Truth About Costs” tool on their website –  you can see the returns lost and the returns kept over different periods of time depending upon the expense ratio paid and the average annual return you are expecting.

 

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Michael Mauboussin on landing his first job

December 7, 2012

A Financial Thought Leader who has written a fascinating new book titled, The Success Equation: Untangling Skill and Luck in Business, Sports and Investing. Author Michael Mauboussin is the Chief Investment Strategist at Legg Mason Capital Management as well as an award-winning Adjunct Professor at Columbia Business School. In his book, he analyzes how and when luck and skill intersect to produce successful results. He concludes, surprisingly, that luck plays a big role in success, as he explains here in extra with the story behind landing his first job!

 

Watch this episode of WEALTHTRACK.

Michael Mauboussin Transcript 12/07/12 #924

December 7, 2012

WEALTHTRACK Transcript #924- 12/7/12   CONSUELO MACK: This week on WEALTHTRACK, how much of a role does skill play and how much does luck contribute to investment success? Financial Thought Leader Michael Mauboussin, Chief Investment Strategist at Legg Mason and author of The Success Equation, gives us some tips on how to beat the odds. Next on Consuelo Mack WEALTHTRACK.   Hello and welcome to this edition of WEALTHTRACK, I’m Consuelo Mack. How much of a role does skill play and how much does luck really contribute to investment success? Those are the fascinating questions posed by this

Premium: Michael Mauboussin

December 5, 20120 Comments

 

Investment Success Which Matters Most? Luck or Skill

Luck versus skill in investing! How much does each matter to investment success? Our guest this week, Financial Thought Leader Michael Mauboussin has written a new book on the topic. Titled The Success Equation: Untangling Skill and Luck In Business, Sports and Investing, its conclusions might surprise you.

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