Luck, Skill, and Behavioral Biases

01/05/2018 7 min
Luck, Skill, and Behavioral Biases

Listen "Luck, Skill, and Behavioral Biases"

Episode Synopsis

In Episode #330, Michael J. Mauboussin, author of The Success Equation, considers the continuum between luck and skill as it pertains to investing. He also shares his thoughts on the price/earnings multiple as a valuation tool, the hallmarks of an effective investment process, and how professional investors might mitigate some of the most common behavioral biases.

More episodes of the podcast Enterprising Investor