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1266 | Luck-Based Games
Episode 1266

1266 | Luck-Based Games

Behavior Gap Radio · Carl Richards

April 3, 20255m 36s

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Show Notes

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.

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