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Podcast: The Jim Rutt Show
Episode: EP29 Michael Mauboussin on The Success Equation
Description: Michael Mauboussin talks with Jim about his latest book, SFI, investment, using variance & complexity, luck & skill, bias, IQ vs RQ, forecasting, and more...
Michael Mauboussin, Director of Research at BlueMountain Capital Management, Author, and Adjunct Professor at Columbia University talks with Jim about how he came to be the Chairman of the Board at the Santa Fe Institute, his perspective on investing & its challenges, the Colonel Blotto game, using variance & complexity in game theory, defining luck & skill and their relative importance in several domains, outcome bias, the importance of understanding sample size, intelligence quotient (IQ) vs. rationality quotient (RQ), bad...