American Economic Review
In The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing, Michael J. Mauboussin rigorously examines a common mistake when making predictions: failing to recognize luck’s existence or miscalculating its influence, “and as a consequence we dwell too…
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Cynthia A. Montgomery is the Timken Professor of Business Administration and immediate past chair of the Strategy Unit at Harvard Business School, where she’s been on the faculty for 20 years. One of her recent assignments has been working with…
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The Founder’s Dilemma
Here is an excerpt from a classic article written by Noam Wasserman for Harvard Business Review (February 2008 Issue) and the HBR Blog Network. To read the complete article, check out the wealth of free resources, obtain subscription information, and…
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