Michael Mauboussin On The Difference Between Skill And Luck [VIDEO]

Michael Mauboussin talks with Consuelo Mack about the difference between skill and luck in investing.    Mauboussin is CIO at Legg Mason and a Professor at Columbia Business School. Michael Mauboussin is considered an expert in the field of behavioral finance and has some famous books on the topic including,   Think Twice: Harnessing the Power of Counterintuition and More More Than You Know: Finding Financial Wisdom in Unconventional Places. In this interview talks about his latest book,  The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing. Mauboussin starts out the interview talking about the famous Baseball player, Ted Williams, and how it…