News & Events - Magellan in the News

Untangling Skill and Luck

How to Think About Outcomes—Past, Present, and Future

The outcomes for most activities combine skill and luck.

Separating skill and luck encourages better thinking about outcomes and allows for sharply improved decision making.

There are good methods to sort skill and luck in sports, business, and investing.

We define the key features of skill in the investment business.

Read the full article here