Untangling skill and luck in business, sports, and investing
The Succe$$ Equation

Harvard Business Review Press

The Succe$$ Equation

Untangling skill and luck in business, sports, and investing — a companion site for the book by Michael J. Mauboussin.

The Success Equation book cover
Simulations · Try them all
Sim № 1

Tennis Sim

If you have a 51% chance of winning a single point, how often will you take the match? Watch a small edge in skill compound.

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Sim № 2

Polya Urn Model

A slightly revised version of the classic model. Success that feeds on itself — run it a few times and be surprised.

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Sim № 3

Distribution Simulation

Set skill and luck values, then see how the season plays out. How often do the most skilled end up on top?

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Games
Game № 1

Colonel Blotto

Try your hand at the classic game theory challenge. Divide your troops among the battlefields and outwit a randomized opponent.

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Game № 2

Mind Reader

See if you can outwit the computer as it tries to guess what you will enter next. A remake of Claude Shannon's 1953 machine.

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Other Content
Watch

Videos

Clips related to the book's content, including the two-part introduction to the success equation.

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Read

Bibliography

All the sources referenced in the book, complete with links.

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Correct

Errata

Known corrections to the printed text.

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Pure LuckPure Skill
RoulettePokerHockeyBaseballFootballBasketballChess

Where an activity sits on the continuum tells you how much its outcomes can teach you — and how big a sample you need before results reveal skill. Chapter 4 of the book places sports, markets, and business along this line.