Interview With Michael Mauboussin, Author of The Success Equation

Barry Ritholtz's Bloomberg View interview with Michael Mauboussin, head of Global Financial Strategies at Credit Suisse. Mauboussin began his career at Drexel Burnham Lambert in the 1980s and also worked closely with Bill Miller, former chairman of Legg Mason Capital Management. He has been an adjunct at Columbia University’s School of Business since 1993.

Ritholtz notes that "the role of luck and randomness in the investing process has fascinated Mauboussin for years. Some of his earlier work looked at problems of cognitive bias and why investors find it so difficult to change their minds, even when presented with overwhelming evidence of error and failure." 

Mauboussin is an author of numerous books on investing, including “The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing”--

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