Money and Finance
- Mauboussin On Strategy: Shaking The Foundation
In his latest strategy piece, Shaking the Foundation: Revisiting Basic Assumptions about Risk, Reward, and Optimal Portfolios, Michael Mauboussin works through the ideas and implications in an interview with Ole Peters. ...
- Mauboussin On Strategy: Seeking Portfolio Manager Skill
In his latest strategy piece, Seeking Portfolio Manager Skill, Michael Mauboussin discusses the logical case for active management and the key challenge of identifying above-average portfolio managers ahead of time. Michael also reviews the concept of...
- Mark Sellers: Take Advantage When Good Companies Come To Market
As it turned out, Google’s stock was incredibly cheap at its IPO price of $85. Over the following year, the company’s actual (not estimated) earnings turned out to be $4.27 per share. This meant that it was priced at just 19.9 times its forward earnings...
- Cfa Conference Webcasts - Mauboussin And Zweig
The Prime Directive, Sharks, and the Wisdom and Whims of the Collective -In this webcast, Michael J. Mauboussin discusses the following: - -The metrics of market efficiency: mean–variance efficiency and arbitrage opportunities. -Necessary conditions...
- Investing Is An Expectations Game
A thing long expected takes the form of the unexpected when at last it comes. - Mark TwainIn such a low-interest rate environment, why would the market allow companies to trade with 8%+ free cash flow yields -- even after considering a reasonable...
Money and Finance
Mauboussin on Strategy: The Importance of Expectations
In his latest strategy piece, The Importance of Expectations – The Question that Bears Repeating: What’s Priced In, Michael Mauboussin discusses the key to successful investing which is to systematically distinguish between price and value – two very distinct concepts – and walks through a case study to highlight the distinction between fundamentals and expectations as represented by the asset price.
- Mauboussin On Strategy: Shaking The Foundation
In his latest strategy piece, Shaking the Foundation: Revisiting Basic Assumptions about Risk, Reward, and Optimal Portfolios, Michael Mauboussin works through the ideas and implications in an interview with Ole Peters. ...
- Mauboussin On Strategy: Seeking Portfolio Manager Skill
In his latest strategy piece, Seeking Portfolio Manager Skill, Michael Mauboussin discusses the logical case for active management and the key challenge of identifying above-average portfolio managers ahead of time. Michael also reviews the concept of...
- Mark Sellers: Take Advantage When Good Companies Come To Market
As it turned out, Google’s stock was incredibly cheap at its IPO price of $85. Over the following year, the company’s actual (not estimated) earnings turned out to be $4.27 per share. This meant that it was priced at just 19.9 times its forward earnings...
- Cfa Conference Webcasts - Mauboussin And Zweig
The Prime Directive, Sharks, and the Wisdom and Whims of the Collective -In this webcast, Michael J. Mauboussin discusses the following: - -The metrics of market efficiency: mean–variance efficiency and arbitrage opportunities. -Necessary conditions...
- Investing Is An Expectations Game
A thing long expected takes the form of the unexpected when at last it comes. - Mark TwainIn such a low-interest rate environment, why would the market allow companies to trade with 8%+ free cash flow yields -- even after considering a reasonable...