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November 08, 2012The Skill vs. Luck Dilemma
Michael Mauboussin, chief investment strategist at Legg Mason Capital Management, explains how everyone from athletes to investors can untangle skill and luck to be more successful.

Quote of the Week:

 

“You never see a bad back-test. Ever. In any strategy.” —Josh Diedesch, Investment Officer, California State Teachers' Retirement System 

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