TIP421: Expectations Investing w/ Michael Mauboussin
We Study Billionaires - The Investor’s Podcast Network
00:00
Expectations Investing and Asset Valuation
This chapter explores the principles of expectations investing and the complexities of financial multiples in valuing early-stage companies. It discusses the evolution from tangible to intangible asset valuation, showcasing how companies like Domino's leverage both for growth. The chapter also examines the controversial practice of share buybacks, emphasizing the ethical considerations and conditions under which they can protect shareholder interests.
Transcript
Play full episode
