Risk Quantification Books | Summaries & Audio

How to Measure Anything in Cybersecurity Risk

by Douglas W. Hubbard • 2016

Cybersecurity swears its risks defy measurement. A quantitative toolkit that says otherwise.

4.06

381

🔐 Cybersecurity Risk 📊 Quantitative Risk Analysis 🧠 Decision Science

How to Measure Anything in Cybersecurity Risk Summary

How to Measure Anything in Cybersecurity Risk 91%

Cybersecurity swears its risks defy measurement. A quantitative toolkit that says otherwise.

by Douglas W. Hubbard 2016

4.06

381 ratings

🔐 Cybersecurity Risk 📊 Quantitative Risk Analysis 🧠 Decision Science

The Failure of Risk Management

by Douglas W. Hubbard • 2009

Standard risk management makes decisions worse than guessing. The fix is simpler than you think.

3.95

413

🛡️ Risk Management 📊 Quantitative Risk 🧠 Cognitive Biases

The Failure of Risk Management 91%

Standard risk management makes decisions worse than guessing. The fix is simpler than you think.

by Douglas W. Hubbard 2009

3.95

413 ratings

🛡️ Risk Management 📊 Quantitative Risk 🧠 Cognitive Biases

The Flaw of Averages

by Sam L. Savage • 2009

A single average can sink your plan. The missing skill: thinking in distributions.

3.86

574

🧠 Decision Science 🎲 Probabilistic Thinking ⚠️ Risk Management

The Flaw of Averages 90%

A single average can sink your plan. The missing skill: thinking in distributions.

by Sam L. Savage 2009

3.86

574 ratings

🧠 Decision Science 🎲 Probabilistic Thinking ⚠️ Risk Management

How to Measure Anything

by Douglas W. Hubbard • 1985

That thing you call immeasurable? Redefine measurement; the toolkit is simpler than anyone admits.

3.90

4k+

🧮 Business Analytics 📊 Decision Analysis 🔢 Statistical Thinking

How to Measure Anything 90%

That thing you call immeasurable? Redefine measurement; the toolkit is simpler than anyone admits.

by Douglas W. Hubbard 1985

3.90

4k+ ratings

🧮 Business Analytics 📊 Decision Analysis 🔢 Statistical Thinking

Risk Intelligence

by Dylan Evans • 2012

Your probability estimates are worse than you think. It's trainable, and the payoff is real.

3.71

256

📊 Risk Literacy 🧠 Behavioral Economics 🧩 Cognitive Biases

Risk Intelligence 90%

Your probability estimates are worse than you think. It's trainable, and the payoff is real.

by Dylan Evans 2012

3.71

256 ratings

📊 Risk Literacy 🧠 Behavioral Economics 🧩 Cognitive Biases

Credit Scoring and Its Applications

by Lyn C. Thomas • 1987

How the algorithms that decide who gets a loan actually work, and how to build them.

3.62

💳 Credit Risk 🏦 Consumer Lending 📊 Statistical Modeling

Credit Scoring and Its Applications Summary

Credit Scoring and Its Applications 90%

How the algorithms that decide who gets a loan actually work, and how to build them.

by Lyn C. Thomas 1987

3.62

13 ratings

💳 Credit Risk 🏦 Consumer Lending 📊 Statistical Modeling

How to Measure Anything Workbook

by Douglas W. Hubbard • 2014

Why everything is measurable and how to do it: a toolkit for turning uncertainties into dollars.

4.08

219

📏 Intangible Measurement 🎲 Uncertainty Reduction 📊 Decision Analysis

How to Measure Anything Workbook Summary

How to Measure Anything Workbook 90%

Why everything is measurable and how to do it: a toolkit for turning uncertainties into dollars.

by Douglas W. Hubbard 2014

4.08

219 ratings

📏 Intangible Measurement 🎲 Uncertainty Reduction 📊 Decision Analysis

Chancing It

by Robert Matthews • 2017

How a formula from 17th-century gambling can tell you what any decision is worth.

3.81

227

🎲 Probability Theory 📊 Statistical Thinking 🧮 Bayesian Reasoning

Chancing It 90%

How a formula from 17th-century gambling can tell you what any decision is worth.

by Robert Matthews 2017

3.81

227 ratings

🎲 Probability Theory 📊 Statistical Thinking 🧮 Bayesian Reasoning

Against the Gods

by Peter L. Bernstein • 1996

The modern world began when humans stopped blaming the gods and started calculating the odds.

3.95

15k+

🛡️ Risk Management 📜 Financial History 🎲 Probability Theory

Against the Gods 89%

The modern world began when humans stopped blaming the gods and started calculating the odds.

by Peter L. Bernstein 1996

3.95

15k+ ratings

🛡️ Risk Management 📜 Financial History 🎲 Probability Theory

The (Mis) Behavior of Markets

by Benoît B. Mandelbrot • 1997

Ten trading days can hold half a market's losses, and the standard models never see them coming.

4.09

6k+

🧮 Financial Modeling 🌪️ Market Volatility 🧪 Complexity Science

The (Mis) Behavior of Markets 89%

Ten trading days can hold half a market's losses, and the standard models never see them coming.

by Benoît B. Mandelbrot 1997

4.09

6k+ ratings

🧮 Financial Modeling 🌪️ Market Volatility 🧪 Complexity Science

Inside the Black Box

by Rishi K. Narang • 2009

Quant trading isn't opaque. It's a chain of simple models working together. Here's the architecture.

3.81

188

📊 Quantitative Finance 🤖 Algorithmic Trading ⚡ High-Frequency Trading

Inside the Black Box 89%

Quant trading isn't opaque. It's a chain of simple models working together. Here's the architecture.

by Rishi K. Narang 2009

3.81

188 ratings

📊 Quantitative Finance 🤖 Algorithmic Trading ⚡ High-Frequency Trading

Fooled By Randomness & The Black Swan

by Nassim Nicholas Taleb • 2008

Stability is an illusion, prediction is a scam: the architecture of a life that needs the chaos.

4.17

287

🎲 Probability Theory ⚠️ Hidden Risks 🧠 Cognitive Biases

Fooled By Randomness & The Black Swan Summary

Fooled By Randomness & The Black Swan 89%

Stability is an illusion, prediction is a scam: the architecture of a life that needs the chaos.

by Nassim Nicholas Taleb 2008

4.17

287 ratings

🎲 Probability Theory ⚠️ Hidden Risks 🧠 Cognitive Biases

On the Edge

by Nate Silver • 2024

One tribe calculates risk; one avoids it. This divide now shapes American life more than politics.

3.66

6k+

🎲 Risk Cultures 📊 Quantitative Thinking 🎮 Game Theory

On the Edge 89%

One tribe calculates risk; one avoids it. This divide now shapes American life more than politics.

by Nate Silver 2024

3.66

6k+ ratings

🎲 Risk Cultures 📊 Quantitative Thinking 🎮 Game Theory

Python for Finance

by Yves Hilpisch • 2012

Python's finance stack: vectorized data, Monte Carlo methods, deploying models from Excel to web.

3.80

249

📊 Quantitative Finance 🔢 Financial Modeling 🎲 Monte Carlo Simulation

Python for Finance 89%

Python's finance stack: vectorized data, Monte Carlo methods, deploying models from Excel to web.

by Yves Hilpisch 2012

3.80

249 ratings

📊 Quantitative Finance 🔢 Financial Modeling 🎲 Monte Carlo Simulation

Principles of Risk Management and Insurance

by George E. Rejda • 1994

Know what can go wrong, how badly, and whether to avoid, control, or insure it.

3.66

157

🛡️ Risk Management 📋 Insurance Principles ⚖️ Liability Protection

Principles of Risk Management and Insurance Summary

Principles of Risk Management and Insurance 89%

Know what can go wrong, how badly, and whether to avoid, control, or insure it.

by George E. Rejda 1994

3.66

157 ratings

🛡️ Risk Management 📋 Insurance Principles ⚖️ Liability Protection

Option Volatility & Pricing

by Sheldon Natenberg • 1988

Options are insurance: the art is pricing volatility, using the Greeks, and questioning the models.

4.27

1k+

📊 Options Trading 🧮 Quantitative Finance 📉 Volatility Modeling

Option Volatility & Pricing 89%

Options are insurance: the art is pricing volatility, using the Greeks, and questioning the models.

by Sheldon Natenberg 1988

4.27

1k+ ratings

📊 Options Trading 🧮 Quantitative Finance 📉 Volatility Modeling

Fortune's Formula

by William Poundstone • 2006

A single equation beat blackjack, conquered Wall Street, and nearly wrecked the global economy.

4.18

5k+

📈 Quantitative Finance 📜 Financial History 🎲 Probability Theory

Fortune's Formula 89%

A single equation beat blackjack, conquered Wall Street, and nearly wrecked the global economy.

by William Poundstone 2006

4.18

5k+ ratings

📈 Quantitative Finance 📜 Financial History 🎲 Probability Theory

Bart Ehrman and the Quest of the Historical Jesus of Nazareth

by Frank R. Zindler • 2013

Your 60/40 portfolio is an equity bet. The multi-dimensional approach to genuine diversification.

3.82

🏗️ Asset Allocation 📊 Portfolio Management 🧩 Factor Investing

Bart Ehrman and the Quest of the Historical Jesus of Nazareth Summary

Bart Ehrman and the Quest of the Historical Jesus of Nazareth 89%

Your 60/40 portfolio is an equity bet. The multi-dimensional approach to genuine diversification.

by Frank R. Zindler 2013

3.82

68 ratings

🏗️ Asset Allocation 📊 Portfolio Management 🧩 Factor Investing

An Economist Walks into a Brothel

by Allison Schrager • 2019

An economist sizes up risk in brothels, poker rooms, and monster waves, then hands us the rules.

3.56

2k+

🧠 Behavioral Economics ⚖️ Risk Management 📈 Everyday Economics

An Economist Walks into a Brothel Summary

An Economist Walks into a Brothel 89%

An economist sizes up risk in brothels, poker rooms, and monster waves, then hands us the rules.

by Allison Schrager 2019

3.56

2k+ ratings

🧠 Behavioral Economics ⚖️ Risk Management 📈 Everyday Economics

When Genius Failed

by Roger Lowenstein • 2000

Two Nobel laureates and a trillion dollars in bets. Then a Russian default upended the models.

4.20

32k+

🏦 Hedge Funds 🔥 Financial Crises 🛡️ Risk Management

When Genius Failed 89%

Two Nobel laureates and a trillion dollars in bets. Then a Russian default upended the models.

by Roger Lowenstein 2000

4.20

32k+ ratings

🏦 Hedge Funds 🔥 Financial Crises 🛡️ Risk Management

Ergodicity

by Luca Dellanna • 2020

Why a bet that works for a hundred people destroys the one who repeats it.

4.05

314

🛡️ Risk Management 🧠 Decision Theory 🔬 Behavioral Economics

Ergodicity 89%

Why a bet that works for a hundred people destroys the one who repeats it.

by Luca Dellanna 2020

4.05

314 ratings

🛡️ Risk Management 🧠 Decision Theory 🔬 Behavioral Economics

The Art of Uncertainty

by David Spiegelhalter • 2024

A statistician reframes luck, chance, and ignorance as manageable relationships, not cosmic curses.

3.78

833

🎲 Probability Theory 📊 Statistical Thinking 🧠 Bayesian Reasoning

The Art of Uncertainty 89%

A statistician reframes luck, chance, and ignorance as manageable relationships, not cosmic curses.

by David Spiegelhalter 2024

3.78

833 ratings

🎲 Probability Theory 📊 Statistical Thinking 🧠 Bayesian Reasoning

AI in the Financial Markets

by Federico Cecconi • 2023

AI finds market patterns invisible to humans, trades on them instantly, and offers no explanation.

📉 Financial Markets 💻 Fintech 🤖 Algorithmic Trading

AI in the Financial Markets 89%

AI finds market patterns invisible to humans, trades on them instantly, and offers no explanation.

by Federico Cecconi 2023

📉 Financial Markets 💻 Fintech 🤖 Algorithmic Trading

The Norm Chronicles

by Michael Blastland • 2014

Why we fear plane crashes but not burgers: the stories and numbers behind your worst instincts.

3.59

564

🗣️ Risk Communication 🎲 Probability Literacy 🧠 Behavioral Economics

The Norm Chronicles 89%

Why we fear plane crashes but not burgers: the stories and numbers behind your worst instincts.

by Michael Blastland 2014

3.59

564 ratings

🗣️ Risk Communication 🎲 Probability Literacy 🧠 Behavioral Economics

Building Winning Algorithmic Trading Systems

by Kevin J. Davey • 2014

Most backtests lie. A structured process for building algorithmic trading systems that survive live.

4.04

246

📊 Quantitative Trading 🤖 Algorithmic Trading ⚙️ Trading Systems

Building Winning Algorithmic Trading Systems Summary

Building Winning Algorithmic Trading Systems 89%

Most backtests lie. A structured process for building algorithmic trading systems that survive live.

by Kevin J. Davey 2014

4.04

246 ratings

📊 Quantitative Trading 🤖 Algorithmic Trading ⚙️ Trading Systems

Antifragile

by Nassim Nicholas Taleb • 2012

Predicting catastrophe is impossible. Designing a life that profits from chaos is not.

4.10

58k+

🔒 Risk Management 🧩 Systems Thinking 🔄 Trial And Error

Antifragile 89%

Predicting catastrophe is impossible. Designing a life that profits from chaos is not.

by Nassim Nicholas Taleb 2012

4.10

58k+ ratings

🔒 Risk Management 🧩 Systems Thinking 🔄 Trial And Error

The Quants

by Scott Patterson • 2010

Math prodigies built Wall Street's best money machines. Then, in one week, their models all failed.

3.89

9k+

🧮 Quantitative Finance 🏛️ Wall Street History 🏦 Hedge Fund Culture

The Quants 89%

Math prodigies built Wall Street's best money machines. Then, in one week, their models all failed.

by Scott Patterson 2010

3.89

9k+ ratings

🧮 Quantitative Finance 🏛️ Wall Street History 🏦 Hedge Fund Culture

Volatility Trading, + website

by Euan Sinclair • 2008

Options profit from the size of the move, not direction. How to isolate and trade volatility.

4.24

199

📊 Options Trading 🔢 Quantitative Trading 📈 Volatility Modeling

Volatility Trading, + website 88%

Options profit from the size of the move, not direction. How to isolate and trade volatility.

by Euan Sinclair 2008

4.24

199 ratings

📊 Options Trading 🔢 Quantitative Trading 📈 Volatility Modeling

Trading Options Greeks

by Dan Passarelli • 2012

Direction alone won't make you money in options. The five risk measures that will.

4.28

158

📈 Options Trading 📊 Financial Derivatives 🌊 Volatility Trading

Trading Options Greeks 88%

Direction alone won't make you money in options. The five risk measures that will.

by Dan Passarelli 2012

4.28

158 ratings

📈 Options Trading 📊 Financial Derivatives 🌊 Volatility Trading

The Numbers Game

by Michael Blastland • 2008

Most numbers in the news mislead you; a few mental habits reveal the real story.

3.65

344

📊 Statistical Literacy 📈 Data Interpretation 🤨 Media Skepticism

The Numbers Game 88%

Most numbers in the news mislead you; a few mental habits reveal the real story.

by Michael Blastland 2008

3.65

344 ratings

📊 Statistical Literacy 📈 Data Interpretation 🤨 Media Skepticism

The Black Swan

by Nassim Nicholas Taleb • 2007

The bell curve is a map that fails exactly where the terrain gets dangerous.

3.96

123k+

🛡️ Risk Management 🎲 Tail Risk 🧠 Cognitive Biases

The Black Swan 88%

The bell curve is a map that fails exactly where the terrain gets dangerous.

by Nassim Nicholas Taleb 2007

3.96

123k+ ratings

🛡️ Risk Management 🎲 Tail Risk 🧠 Cognitive Biases

A Demon of Our Own Design

by Richard Bookstaber • 2007

Why safer economies create more volatile markets: a hidden design flaw that turns progress to peril.

3.92

1k+

🏦 Financial Markets ⚠️ Systemic Risk 🔧 Financial Engineering

A Demon of Our Own Design 88%

Why safer economies create more volatile markets: a hidden design flaw that turns progress to peril.

by Richard Bookstaber 2007

3.92

1k+ ratings

🏦 Financial Markets ⚠️ Systemic Risk 🔧 Financial Engineering

Paul Wilmott on Quantitative Finance, Volumes 1-3

by Paul Wilmott • 2000

Your hedged portfolio isn't risk-free. Here's why, and the math that explains what actually breaks.

4.25

📈 Derivatives Pricing ⚙️ Financial Engineering 📐 Stochastic Calculus

Paul Wilmott on Quantitative Finance, Volumes 1-3 Summary

Paul Wilmott on Quantitative Finance, Volumes 1-3 88%

Your hedged portfolio isn't risk-free. Here's why, and the math that explains what actually breaks.

by Paul Wilmott 2000

4.25

81 ratings

📈 Derivatives Pricing ⚙️ Financial Engineering 📐 Stochastic Calculus

The Signal and the Noise

by Nate Silver • 2012

Why weather forecasters improve while economists flounder, and what that reveals about prediction.

3.97

53k+

🔮 Forecasting Methods 🧩 Bayesian Reasoning 🧠 Cognitive Biases

The Signal and the Noise 88%

Why weather forecasters improve while economists flounder, and what that reveals about prediction.

by Nate Silver 2012

3.97

53k+ ratings

🔮 Forecasting Methods 🧩 Bayesian Reasoning 🧠 Cognitive Biases

Numbers Rule Your World

by Fung • 2010

Statistics reveals why lines feel shorter, credit scores work, and safe airlines are an illusion.

3.56

1k+

📊 Statistical Literacy 📈 Data Interpretation 🎲 Probability Thinking

Numbers Rule Your World 88%

Statistics reveals why lines feel shorter, credit scores work, and safe airlines are an illusion.

by Fung 2010

3.56

1k+ ratings

📊 Statistical Literacy 📈 Data Interpretation 🎲 Probability Thinking

The Science of Algorithmic Trading and Portfolio Management

by Robert Kissell • 2013

Broker trading-cost models are black boxes. The math to build transparent ones yourself.

3.76

🧮 Quantitative Finance 🤖 Algorithmic Trading 📊 Portfolio Management

The Science of Algorithmic Trading and Portfolio Management Summary

The Science of Algorithmic Trading and Portfolio Management 88%

Broker trading-cost models are black boxes. The math to build transparent ones yourself.

by Robert Kissell 2013

3.76

25 ratings

🧮 Quantitative Finance 🤖 Algorithmic Trading 📊 Portfolio Management

The Precipice

by Toby Ord • 2020

The next hundred years will decide if humanity colonizes the galaxy or destroys itself trying.

3.94

5k+

🧨 Existential Risk ⏳ Longtermism 🤖 Ai Safety

The Precipice 88%

The next hundred years will decide if humanity colonizes the galaxy or destroys itself trying.

by Toby Ord 2020

3.94

5k+ ratings

🧨 Existential Risk ⏳ Longtermism 🤖 Ai Safety

The Tiger That Isn't

by Michael Blastland • 2007

A 40% increase sounds alarming. Should it? The simple questions that make numbers tell the truth.

3.91

670

🧮 Statistical Literacy 🔍 Data Skepticism ⚠️ Risk Assessment

The Tiger That Isn't 88%

A 40% increase sounds alarming. Should it? The simple questions that make numbers tell the truth.

by Michael Blastland 2007

3.91

670 ratings

🧮 Statistical Literacy 🔍 Data Skepticism ⚠️ Risk Assessment

Chaos Kings

by Scott Patterson • 2023

They lose money every day on purpose, because one market crash will repay everything.

3.75

1k+

📉 Catastrophe Investing 🔄 Hedge Fund Strategies 🌐 Systemic Fragility

Chaos Kings 88%

They lose money every day on purpose, because one market crash will repay everything.

by Scott Patterson 2023

3.75

1k+ ratings

📉 Catastrophe Investing 🔄 Hedge Fund Strategies 🌐 Systemic Fragility

Options as a Strategic Investment

by Lawrence G. McMillan • 1980

Every options strategy from covered calls to arbitrage, with the math that picks the right trade.

4.22

510

📈 Options Trading 🧾 Derivatives 📊 Volatility Trading

Options as a Strategic Investment Summary

Options as a Strategic Investment 88%

Every options strategy from covered calls to arbitrage, with the math that picks the right trade.

by Lawrence G. McMillan 1980

4.22

510 ratings

📈 Options Trading 🧾 Derivatives 📊 Volatility Trading

Calculated Risks

by Gerd Gigerenzer • 2002

How to tell when a percentage misleads you, and the reframing that reveals the truth.

3.96

671

📊 Statistical Literacy ⚠️ Risk Communication 🧠 Cognitive Biases

Calculated Risks 88%

How to tell when a percentage misleads you, and the reframing that reveals the truth.

by Gerd Gigerenzer 2002

3.96

671 ratings

📊 Statistical Literacy ⚠️ Risk Communication 🧠 Cognitive Biases

Robin Hood Math

by Noah Giansiracusa • 2025

Algorithms price your insurance, rank your resume, curate your reality. The math that fights back.

3.91

185

🧮 Algorithmic Literacy 🛡️ Digital Self-Defense 📐 Applied Mathematics

Robin Hood Math 88%

Algorithms price your insurance, rank your resume, curate your reality. The math that fights back.

by Noah Giansiracusa 2025

3.91

185 ratings

🧮 Algorithmic Literacy 🛡️ Digital Self-Defense 📐 Applied Mathematics

The Economist Numbers Guide

by The Economist • 2001

A 50% raise then 50% cut leaves you at 75%. The business math that stops costly errors.

3.84

🧮 Quantitative Methods 📊 Business Statistics 🎲 Probability For Managers

The Economist Numbers Guide 88%

A 50% raise then 50% cut leaves you at 75%. The business math that stops costly errors.

by The Economist 2001

3.84

67 ratings

🧮 Quantitative Methods 📊 Business Statistics 🎲 Probability For Managers

Practical Data Analytics for BFSI

by Mr. Bharat Sikka • 2023

ATM refills, fraud alerts, loan approvals: the data models that run a modern bank.

🏦 Banking Analytics 💼 Financial Services 🗂️ Data Governance

Practical Data Analytics for BFSI Summary

Practical Data Analytics for BFSI 88%

ATM refills, fraud alerts, loan approvals: the data models that run a modern bank.

by Mr. Bharat Sikka 2023

🏦 Banking Analytics 💼 Financial Services 🗂️ Data Governance

A Man for All Markets

by Edward O. Thorp • 2016

From Vegas card counting to quant hedge funds: one mathematician's edge over every system he faced.

4.24

8k+

🧮 Quantitative Investing 📖 Financial Memoirs 🎲 Gambling Mathematics

A Man for All Markets 88%

From Vegas card counting to quant hedge funds: one mathematician's edge over every system he faced.

by Edward O. Thorp 2016

4.24

8k+ ratings

🧮 Quantitative Investing 📖 Financial Memoirs 🎲 Gambling Mathematics

The Math of Life and Death

by Kit Yates • 2019

Key mathematical ideas govern medicine, law, and media, and your intuition gets each one wrong.

3.90

2k+

The Math of Life and Death 88%

Key mathematical ideas govern medicine, law, and media, and your intuition gets each one wrong.

by Kit Yates 2019

3.90

2k+ ratings

Innumeracy

by John Allen Paulos • 1988

A lottery ticket, a medical test, a sensational statistic: when smart people can't do the math.

3.78

5k+

🎲 Probability 🔢 Numerical Reasoning 🧠 Cognitive Biases

Innumeracy 88%

A lottery ticket, a medical test, a sensational statistic: when smart people can't do the math.

by John Allen Paulos 1988

3.78

5k+ ratings

🎲 Probability 🔢 Numerical Reasoning 🧠 Cognitive Biases

Fooled by Randomness

by Nassim Nicholas Taleb • 2001

Ten thousand coin-flippers produce three hundred geniuses. The biographies write themselves.

4.08

72k+

📈 Financial Markets 🔬 Behavioral Economics 🧠 Cognitive Biases

Fooled by Randomness 88%

Ten thousand coin-flippers produce three hundred geniuses. The biographies write themselves.

by Nassim Nicholas Taleb 2001

4.08

72k+ ratings

📈 Financial Markets 🔬 Behavioral Economics 🧠 Cognitive Biases

The Poker Face of Wall Street

by Aaron Brown • 2006

Finance is a poker game. The rules are probability, psychology, and the well-timed bluff.

3.54

208

🛡️ Risk Management 🧠 Trading Psychology ♠️ Poker And Trading

The Poker Face of Wall Street 88%

Finance is a poker game. The rules are probability, psychology, and the well-timed bluff.

by Aaron Brown 2006

3.54

208 ratings

🛡️ Risk Management 🧠 Trading Psychology ♠️ Poker And Trading

The Success Equation

by Michael J. Mauboussin • 2012

The ratio of skill to luck shapes every outcome. Most people misread it and pay dearly.

3.94

2k+

📈 Investment Strategy 🔍 Decision Analysis 🎲 Skill And Luck

The Success Equation 88%

The ratio of skill to luck shapes every outcome. Most people misread it and pay dearly.

by Michael J. Mauboussin 2012

3.94

2k+ ratings

📈 Investment Strategy 🔍 Decision Analysis 🎲 Skill And Luck

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