book - Luck- A Key Idea for Business and Society
book - Luck- A Key Idea for Business and Society
book - Luck- A Key Idea for Business and Society
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Luck: A Key Idea for Business and Society

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The book I want to recommend is probably not one a PE Firm professional should admit to. It’s written by a professor at Warwick Business School who taught one of my modules when I completed an MBA there, and it’s all about the impact of luck, especially in business and sports.

It interests me because so many business books focus on skill sets and management practices which make people believe all results, good and bad, are down to them, when in reality, there is always, at least small, element of luck. I firmly believe the best investors and the best management teams will recognise that element of luck and can plan their future strategy (or investments) by taking that into account and never taking anything for granted.