#10 Michael Mauboussin: Expectations Investing

1

Introduction

00:00 • 4min

2

What Is Your Motivation to Educate?

04:10 • 2min

3

Stock Market Signals to Managers - Part 7

05:59 • 3min

4

Intangible Investment and Cap X Are Essentially Equal to One Another in 2001

08:48 • 3min

5

The Limitations of Multiples to Economic Reality

12:10 • 4min

6

Is the Market Paying for Long-Term Cash Flows?

16:07 • 3min

7

How to Find Value-Creating Investments

19:33 • 4min

8

Should You Revisit Your Expectations?

23:26 • 3min

9

What's the Difference Between Asset Beta and Financial Leverage?

26:10 • 5min

10

The Risk-Free Rate

31:12 • 6min

11

The Expectations Infrastructure

37:00 • 5min

12

Investing Processes - Step Two of the Expectations Framework

42:12 • 2min

13

The Regression Towards the Mean

43:45 • 5min

14

The Key to Intangibles

48:27 • 4min

15

Are Your Investments More Important Than Your Earnings?

52:04 • 4min

16

Competitive Strategy - Chapter Four

56:31 • 5min

17

Buying or Selling a Stock?

01:01:22 • 3min

18

The House Money Effect

01:04:06 • 3min

19

The Payoff for Private Deals

01:06:45 • 3min

20

The Witch M Guide

01:09:38 • 3min

21

Is There a Way to Create a Credible Set of Expectations?

01:12:13 • 2min

22

Real Options Are Important, Right?

01:13:49 • 4min

23

Reflexivity

01:17:28 • 4min

24

Over Precision and Confirmation Bias

01:20:59 • 5min

25

Is the Investment Process Systematic Versus Judgmental?

01:26:10 • 4min

26

What Is a Pre-Mortem?

01:29:47 • 4min

27

Is There a Balance Between Practice and Play in the Investment Industry?

01:33:43 • 3min

28

Is Al Rappaport Like Your Mentor?

01:37:07 • 2min

29

Three C's of Conciliance by E.O. Wilson

01:38:56 • 4min