Sarbans oxley, for people who don't know as itt was, was a law that caused companies to have information go to everyone at the same time. Thats tat's 20 years ago and i'm not sure it hasn't actuallyon some level. Now, you have these pockets as sort of like zany stuff happening with beam stocks, or whatever it is but for the most part, markets are really hard to beat.
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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