Untangling Skill and Luck in Business, Sports, and Investing
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Held at Credit Suisse, New York, NY
Wednesday, July 30, 2014
Untangling Skill and Luck in Business, Sports, and Investing
Co-organizers: Michael Mauboussin, Credit Suisse and Chair of SFI Board of Trustees, Jerker Denrell, University of Warwick, and Chris Wood, Santa Fe Institute
Summary: Many forms of human endeavor involve combinations of skill and luck, and in most cases those two components of performance are inextricably entangled. Based on the work described in co-organizer Michael Mauboussin's "The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing", this topical meeting will review the conceptual and methodological strategies needed to distinguish skill from luck to the extent possible, and to use those distinctions to help formulate better decisions.