Top 5 Michael Mauboussin Quotes
#2. We have no control over outcomes, but we can control the process. Of course, outcomes matter, but by focusing our attention on process, we maximize our chances of good outcomes.
Michael Mauboussin
#3. Onlookers frequently confuse edge with style ... Edge means generating excess returns because of mispricing. Style suggests being in the right place at the right time. Sometimes edge and style overlap, sometimes they don't.
Michael Mauboussin
#4. Humans have a strong desire to be part of a group. That desire makes us susceptible to fads, fashions, and idea contagions.
Michael Mauboussin
#5. Emphasising what's in your control allows you to adopt an attitude of equanimity toward luck. You've done what you can, and from there you have to live with the results - good or bad
Michael Mauboussin
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