The 100 Year Thinkers: Long-Term Compounding in a Short-Term World
Excess Returns
In a world where most investors think in quarters, The 100 Year Thinkers offers insights from investors who think in decades. Hosted by Matt Ziegler and Bogumil Baranowski and featuring Robert Hagstrom, and Chris Mayer, this monthly roundtable will tackle many of the issues all of us face as investors, but look at them through the lens of investors who operate over very long time frames. We will cover a wide range of topics ranging from stock selection to portfolio construction to the economy and behavioral finance, but we will do it by focusing on what matters over the long-term.
Episodes
Mentioned books
Nov 13, 2025 • 1h 2min
The Elusive Search for the Perfect Business | Chris Mayer and Robert Hagstrom
Robert Hagstrom, a seasoned investor and author specializing in long-term compounding, and Chris Mayer, co-founder of Woodlock House Family Capital and author of 'The 100-Bagger', dive into what defines a perfect business. They discuss the challenges of holding investments through volatility and the importance of management quality and owner earnings over GAAP. Behavioral traps that lead to missed opportunities are explored, as well as navigating fast-changing industries with an eye on competitive advantages shaped by technology, networks, and scale.
12 snips
Oct 13, 2025 • 59min
The 100 Year Thinkers | Chris Mayer and Robert Hagstrom on Finding the Next Great Compounders
Chris Mayer, an investor and founder of Woodlock House Family Capital, alongside Robert Hagstrom, Chief Investment Officer at Equity Compass, dive into the complexities of long-term investing. They discuss the dominance of mega-cap stocks and the challenges of active management. Mayer emphasizes the importance of economic fundamentals over fleeting stock prices, while Hagstrom critiques the underpinnings of the S&P 500. Together, they provide insights on how today’s tech giants differ from the 1999 bubble and how to navigate private equity's evolving landscape.
