Untangling Skill and Luck How to Think About Outcomes—Past, Present, and Future
نویسنده
چکیده
• The outcomes for most activities combine skill and luck. • Separating skill and luck encourages better thinking about outcomes and allows for sharply improved decision making. • There are good methods to sort skill and luck in sports, business, and investing. • We define the key features of skill in the investment business.
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تاریخ انتشار 2010