Tone byer: Where do you feel like we are now after 18 months of a pretty wild market, straight up. And then really it's been bruising over the last e liok? I think the fact is, it's been extremely difficult, both for executives and for investors and executives. People got overly enthusiastic about the stay at home, you know, coved related stuff, and then the pendulum swings back that forth. So i'm not sure the market's been, whether, again, in retrospect,. It's easy to say these moves seem to be extreme in both directions, but at any particular time, it's hard to know.
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
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