Invest Like the Best with Patrick O'Shaughnessy

Michael Mauboussin – Active Asset Management - [Invest Like the Best, EP.02]

Sep 20, 2016

01:35:46

Creator website

Episode guests

Michael Mauboussin

Highlights

AI Chapters

Episode notes

Knowledge is the Foundation of Success

01:10

Conventional Wisdom Trumps Unconventional Success

01:20

Master the Art of Selling: Timing is Key

01:28

Focus on Balance in Success and Financial Performance

01:17

Introduction

4min

Reading Is Hard for All of Us, Right?

3min

Writing and Teaching - Is There More Learning to Be Done Through Writing and Teaching?

2min

Active Versus Passive Management

2min

Active Management

3min

Is More and More Passive Good or Bad for Active Managers?

5min

Are Active Managers Losing the Assets?

4min

A Great Client Is One Who Cashes a Check When We Hand It to Him

2min

Float Is a Source of Power

4min

10.

Growth and Value - Is That Really the Case?

3min

11.

Is Cheapness a Good Proxy for Low Expectations?

5min

12.

What Are You Paying for Future Value Creation?

2min

13.

Is There a Value Investing Strategy?

2min

14.

Do You Think There Are Qualitative Ways of Finding Visionary Companies?

3min

15.

Quality Is More Useful Than the Market

2min

16.

Capital Allocation

5min

17.

Is It Possible to Make a Home Made Dividend?

2min

18.

Dividend Yield

5min

19.

Value Investing - The Marriage of a Contrarian Strike and a Calculator

2min

20.

Is It a Different Skill Set?

3min

21.

Portfolio Construction Skills Amongst Active Managers

3min

22.

The Kelly Criterion

3min

23.

Using Risk Base Tools for Portfolio Construction

2min

24.

Is There a Difference Between Factors and Quantitative Methods?

3min

25.

Free Cash Flow

4min

26.

The Role of Intuition in Pattern Recognition

3min

27.

Investing in the Stock Market

2min

28.

Is Vanguard a Better Asset Class for Allicators?

2min

29.

What's the Best Moment of Your Life?

4min

30.

I'm Curious, What's Your Routine?

4min

Michael Mauboussin, Managing Director and Head of Global Financial Strategies at Credit Suisse, joins Patrick to discuss the current state of the asset management business, explore all of the stages of the investment process, and what edges might exist for those trying to beat the market.

For comprehensive show notes on this episode go to investorfieldguide.com/mauboussin/

For more episodes go to InvestorFieldGuide.com/podcast.

Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub

Follow Patrick on twitter at @patrick_oshag