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Content provided by Behavior Gap Radio and Carl Richards. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Behavior Gap Radio and Carl Richards or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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1266 | Luck-Based Games

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Manage episode 474898178 series 2887910
Content provided by Behavior Gap Radio and Carl Richards. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Behavior Gap Radio and Carl Richards or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, Carl explores a powerful framework for navigating creative and financial risk: understanding whether you're playing a luck-based or skill-based game. Drawing on insights from Michael Mauboussin’s book, The Success Equation, Carl explains why sharpening your decision-making process is essential in luck-driven environments—like markets or venture capital—while skill-building is key in more predictable terrain. Knowing the difference just might change the way you approach your next big move.

Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/

  continue reading

431 episodes

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1266 | Luck-Based Games

Behavior Gap Radio

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Manage episode 474898178 series 2887910
Content provided by Behavior Gap Radio and Carl Richards. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Behavior Gap Radio and Carl Richards or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, Carl explores a powerful framework for navigating creative and financial risk: understanding whether you're playing a luck-based or skill-based game. Drawing on insights from Michael Mauboussin’s book, The Success Equation, Carl explains why sharpening your decision-making process is essential in luck-driven environments—like markets or venture capital—while skill-building is key in more predictable terrain. Knowing the difference just might change the way you approach your next big move.

Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/

  continue reading

431 episodes

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