Michael Mauboussin- Frameworks for Better Decision Making, Learning & Investing
What Got You There with Sean DeLaney
Are There Any Big Projects That You're Working on Right Now?
One of the things you're working on is a multi decade look at the evolution from public markets and equities to private markets in the united states. You use the really fascinating phrase, explorer versus exploit so if any listeners caught that, but that's another area i've always been very interested in. And it's really interesting to ask, from a resource allication point of view, how much should i allicate to exploitation, and how much should I allicate to exploration? The way people have to think about economic value from the financial statements has evolved in the last 30 or forty years in such a way which compels people to think about things progressively.
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