Michael Mauboussin | Expectations Investing, Base Rates and a Master Class on Valuation

Michael Mauboussin is one of the most insightful long-term thinkers in the investing world. For decades, his research has taken deep dives into markets, valuation and how we can all become better long-term investors. He is currently Head of Consilient Research at Counterpoint Global.
We talk to Michael about a wide range of topics, including factor investing, the dangers of simple valuation multiples, the importance of intangible assets, the proper application of base rates and the process of expectations investing.
We hope you enjoy the discussion.
#michaelmauboussin #michaelmauboussinexpectationsinvesting #investinglessons #valueinvesting
LEARN MORE ABOUT MICHAEL MAUBOUSSIN
michaelmauboussin.com/
/ mjmauboussin
www.expectationsinvesting.com/
ABOUT THE PODCAST
Excess Returns is an investing podcast hosted by Jack Forehand (@practicalquant) and Justin Carbonneau (@jjcarbonneau), partners at Validea. Justin and Jack discuss a wide range of investing topics including factor investing, value investing, momentum investing, multi-factor investing, trend following, market valuation and more with the goal of helping those who watch and listen become better long term investors.
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[@kevinsingh2815]

Thanks again for another great video. Have a joyful holiday season and a HNY. :)

[@ExcessReturns]

Thank you Kevin, and same to you!

[@kamilchrzaszcz6771]

Thank you for this material

[@ExcessReturns]

Thank you for watching and commenting.

[@LasVegasImp]

Useful.

[@richardsampson3153]

I loved his book Expectations Investing. Combine it with George Soros theory of reflexivity and technical analysis and I think you have the perfect trifecta of how to think about markets.

[@ExcessReturns]

Awesome trifecta! Thanks Richard.

[@investingsucks]

This guy reads books

[@ExcessReturns]

Given his depth of knowledge, he's probably read each of them five times!