

Michael Mauboussin - Man + Machine, Moats, and Power of the Outside View - [Invest Like the Best, EP.37]
29 snips May 16, 2017
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
Introduction
00:00 • 4min
The Impossibility of Informationally Efficient Markets
03:57 • 4min
The Growth of Index Funds
08:13 • 4min
Is There a Strategy That Can Beat the Market?
12:19 • 5min
What Happens When High Frequency Trading Doesn't Show Up?
17:20 • 1min
The Behavior Gap
18:43 • 5min
Is There a Higher Propensity to List Your Shares?
23:27 • 6min
What's Going on With Private Equity?
29:22 • 3min
Is There a Back Door to Late Stage Venture?
32:37 • 3min
Private Equity
35:40 • 4min
What's the Difference Between Control and Liquidity?
39:29 • 4min
The Inside, Outside View of the Base Rate Forecast
43:41 • 5min
Is There a Shrinkage Factor?
48:44 • 4min
The Shrinkage Factor, Is It Exactly Right?
52:39 • 2min
Is There Any Advantage in Markets as an Active Manager?
55:01 • 3min
Is There Still a Way to Win as an Investor?
57:37 • 4min
How to Become a Distress Store or Opportunistic Investert
01:01:10 • 2min
The Components of a Mote
01:02:55 • 4min
How Do You Quantify the Return on Capital?
01:06:56 • 6min
How to Measure the Mote
01:12:31 • 2min
How to Build a Multi-Factor Model of Competitive Angon and Valuation
01:14:45 • 2min
The Trade Off for Competitive Position
01:16:20 • 2min
Investing in the Asset Management Industry?
01:18:30 • 3min
Investing in Asset Management - Serandipity Engine
01:21:52 • 3min
The End of Theory by Ric Book Staber
01:24:58 • 5min