Speaker: Michael J. Mauboussin, Credit Suisse
December 15th, 2015 • 5:00pm cocktails and appetizers, 6:00pm dinner & presentation
InterContinental Kansas City At The Plaza Rooftop Ballroom
What role, exactly, do skill and luck play in our successes and failures? Some games, like roulette and the lottery, are pure luck. Others, like chess, exist at the other end of the spectrum, relying almost wholly on players’ skill. In this presentation, Michael Mauboussin untangles the intricate strands of skill and luck, defines them, and provides useful frameworks for analyzing their relative contributions. He offers concrete suggestions for how to put these insights to work to your advantage in business and other dimensions of life.
Michael J. Mauboussin is a Managing Director of Credit Suisse in the Investment Banking division, based in New York. He is the Head of Global Financial Strategies, providing thought leadership to external clients and internally to Credit Suisse professionals based on his research and writing in areas including capital markets, valuation, competitive strategy, and decision making.
Prior to rejoining Credit Suisse in 2013, he was Chief Investment Strategist at Legg Mason Capital Management for nearly nine years. Mr. Mauboussin originally joined Credit Suisse in 1992 as a packaged food industry analyst and was Chief U.S. Investment Strategist from 1999-2004. He is a former president of the Consumer Analyst Group of New York and was repeatedly named to Institutional Investor’s All-America Research Team and The Wall Street Journal All-Star survey in the food industry group.
Mr. Mauboussin is the author of The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing, Think Twice: Harnessing the Power of Counterintuition, and More Than You Know: Finding Financial Wisdom in Unconventional Places-Updated and Expanded. He is also coauthor, with Alfred Rappaport, of Expectations Investing: Reading Stock Prices for Better Returns.
Mr. Mauboussin has been an adjunct professor of finance at Columbia Business School since 1993 and is on the faculty of the Heilbrunn Center for Graham and Dodd Investing. He is a recipient of the dean’s award for teaching excellence.
Mr. Mauboussin earned an AB from Georgetown University. He is also chairman of the board of trustees of the Santa Fe Institute, a leading center for multi-disciplinary research in complex systems theory.