You had mentioned last year that you felt that the market was dominated by speculators. And in the market at that time, i'm reminded there was a grap of five electric vehicle companies thad come public through spacks. All of them had projected that they would have ten billion dollars in revenue within five years. So tohave five v companies. It was something that, i don't know if the level of information that's out there is crowding out those base as rites yet.
Michael Mauboussin is an adjunct professor of finance at the Columbia Business School and the Head of Consilient Research at Counterpoint Global, Morgan Stanley Investment Management. Bill Mann interviewed Mauboussin in front of a live audience about a range of investing topics, including:
- The approach of "expectations investing" and how to apply it
- Why a company's base case for growth is so important
- Peloton’s faulty growth predictions
- Businesses with real option value
Companies mentioned: SBUX, PTON, AMZN, GOOG, GOOGL, WMT, TGT
Host: Bill Mann
Guest: Michael Mauboussin
Producer: Ricky Mulvey
Engineers: Tim Sparks
Learn more about your ad choices. Visit megaphone.fm/adchoices