StarZero All shows Try the podcast clipper →

paradox of skill

2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 5, 2021 by Michael Mauboussin · across every show →

Everything said about paradox of skill, oldest first

Oct 5, 2021 neutral
Assertion Supported
Mauboussin: The Distribution of Active Manager Alpha Has Consistently Narrowed
“One of the ways we can measure that is to look at the standard deviation of excess returns, right? So alpha, right? So excess returns. So, so you'd imagine and if you'd imagine If you're an active manager, what you want is a big fat bell shaped distribution, r…”
Michael Mauboussin Oct 5, 2021 ▶ 1:12:18 Michael Mauboussin Master Class — Moats, Skill, Luck, Decision Making and a Whole Lot More · Acquired
Oct 5, 2021
Insight
Mauboussin: As Average Skill Increases, Luck Ultimately Dictates Outcomes
“The paradox of Gil says, and activities were both skill and luck contribute to outcomes, which is most stuff as skill increases, luck becomes more important.”
Michael Mauboussin Oct 5, 2021 ▶ 1:01:38 Michael Mauboussin Master Class — Moats, Skill, Luck, Decision Making and a Whole Lot More · Acquired
Made with StarZero

Turn any episode into a week of clips.

This entire site, nearly 80 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.

Try the podcast clipper Learn more