My guest today is Michael Mauboussin, who is the head of global financial strategies at Credit Suisse and is on my short list of must-read writers on all things investing.
Books Referenced
Narrative and Numbers: The Value of Stories in Business
Deep Work: Rules for Focused Success in a Distracted World
The End of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction
A Demon of Our Own Design: Markets, Hedge Funds, and the Perils of Financial Innovation
Deep Thinking: Where Machine Intelligence Ends and Human Creativity Begins
Links Referenced
Since the end of 2006, investors have withdrawn nearly $1.2 trillion from active
Assessing The Magnitude And Sustainability Of Value Creation
On the Impossibility of Informationally Efficient Markets
Adaptive Markets: Financial Evolution at the Speed of Thought
Wealth Transfers via Equity Transactions
Buyout Firm Buys $800 Million of Assets From Itself (WSJ)
Stock Market Prices Do Not Follow Random Walks
Michael Mauboussin
Show Notes
2:31 – Since the end of 2006, investors have withdrawn nearly $1.2 trillion from active
2:44 – The Base Rate Book
2:45 – Assessing The Magnitude And Sustainability Of Value Creation
4:31 – On the Impossibility of Informationally Efficient Markets
17:54 – Adaptive Markets: Financial Evolution at the Speed of Thought
21:53 – Wealth Transfers via Equity Transactions
48:46 – Narrative and Numbers: The Value of Stories in Business
1:04:31 – Michael Porter books
1:25:28 – Deep Work: Rules for Focused Success in a Distracted World
1:25:57 – The End of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction
1:26:03 – A Demon of Our Own Design: Markets, Hedge Funds, and the Perils of Financial Innovation
1:27:02 – Stock Market Prices Do Not Follow Random Walks
1:27:59 – Deep Thinking: Where Machine Intelligence Ends and Human Creativity Begins
Learn More
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
For iTunes
For comprehensive show notes on this episode go to http://investorfieldguide.com/michael
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
Article by The Investor’s Field Guide
