Michael J. Mauboussin

Bill Gurley, a General Partner at Benchmark with a tech investing background, teams up with Michael Mauboussin, Head of Consilient Research at Counterpoint Global, to explore fundamental investment topics. They delve into the implications of AI and regulatory capture, discussing innovations that disrupt or sustain markets. Their conversation covers venture capital dynamics amid major tech layoffs and highlights the need for a balanced investment mindset. They also reflect on the influence of intellectual giants and the transformative power of teaching and writing.

Michael Mauboussin, Head of Consilient Research at Morgan Stanley, is a renowned expert in investing and decision-making. In this discussion, he explores the intersection of finance and complexity, emphasizing the value of interdisciplinary approaches. Michael shares insights on decision-making principles, highlighting intuition and cognitive diversity. He also delves into the psychology of investors, the significance of base rates, and the dynamics between public and private equity, offering a wealth of knowledge for both novice and seasoned investors.

This recap features Dr. Andrew Huberman, a Stanford neuroscientist who delves into mental well-being through sleep and nutrition. Michael Mauboussin, a financial expert, shares insights on accountability in wealth creation and the importance of knowledge over materialism. Performance coach Kelly Starrett discusses the synergy of mobility and fitness, offering tips for elite athletes. Together, they explore self-care, the complexities of decision-making, and the intriguing connections between nutrition and physical performance, making for a thought-provoking conversation.

Michael Mauboussin, Head of Consilient Research at Counterpoint Global, shares his insights into the intricate dance between skill and luck in investing. He discusses the critical concept of expectations investing, urging listeners to adapt their strategies in a rapidly changing market. Mauboussin also highlights the importance of understanding intangible assets and critiques traditional valuation methods. Listeners can learn how mental models and decision-making quality define successful investors, as well as the evolving dynamics of venture capital.

Cameron sits down with Michael Mauboussin, Head of Consilient Research at Counterpoint Global and an adjunct professor at Columbia Business School. They delve into the essential job of equity investors, discussing how market expectations can shape valuation outcomes. The importance of intangible assets in investing is highlighted, as well as the shift in private equity landscapes. Michael challenges traditional views on dividends and examines the implications of index funds on market dynamics, emphasizing the need for a deeper understanding of today’s investment strategies.

Michael Mauboussin, Head of Consilient Research at Counterpoint Global, delves into pattern recognition in investment decision-making. He discusses how this skill can guide market analysis but has its limits. The conversation shifts to the evolving nature of public markets, exploring factors like the decline in public companies and the influence of private equity. Mauboussin emphasizes the importance of understanding historical performance and cognitive biases while highlighting that a small number of firms drive most market wealth creation.

Michael Mauboussin, Head of Consilient Research at Counterpoint Global, is renowned for his insights into market share and capital allocation. In this conversation, he dives into the evolving landscape of market share dynamics, examining monopolistic trends with examples from tech giants like Google. He also discusses the critical importance of return on invested capital (ROIC) in evaluating business performance. Moreover, the impact of artificial intelligence on market dynamics is explored, highlighting its potential to disrupt traditional investment frameworks.

Michael Mauboussin, Head of Consilient Research at Counterpoint Global, shares insights on market concentration and capital allocation. He delves into the implications of stock buybacks and how these financial strategies impact shareholder value. The discussion highlights attributes of successful investors and lessons from figures like Elon Musk. Mauboussin also examines the investment landscape shaped by emerging technologies such as AI, stressing the need for adaptability in modern value investing amid evolving market dynamics.

Michael Mauboussin, Head of Consilient Research at Counterpoint Global and acclaimed author, shares insights on investment decision-making. He emphasizes creating safe environments for diverse opinions within teams to enhance decision quality. The discussion highlights the complexity of distinguishing luck from skill, encouraging investors to reflect on their biases. Mauboussin also stresses understanding economic models in venture capital and the importance of personal health practices for cognitive performance, while continuously learning from one’s experiences.

Michael Mauboussin, Head of Consilient Research at Counterpoint Global and a decision-making author, dives into the art of decision-making. He discusses the interplay between skill and luck, providing insights into how historical data and base rates enhance predictions. Drawing lessons from ant behavior, he examines exploration versus exploitation in human choices. Mauboussin emphasizes the need for reflection in decision processes and advocates for integrating decision education to sharpen critical thinking skills in future generations.