Michael Mauboussin: Navigating the Complexity of Today's Markets | Lunches with Legends #22

Welcome to this week's Lunches with Legends™ featuring our host Mo Lidsky and the legendary Michael Mauboussin. In this candid conversation, Michael shares some useful decision-making frameworks, the paradox of skill, and much more.

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Resources mentioned in the video:
- Book: Creating Shareholder Value: https://amzn.to/3DT6OHw
- Book: More Than You Know: https://amzn.to/32zFRuH
- Book: The Success Equation: https://amzn.to/3nNoI90
- Book: Range: Why Generalists Triumph in a Specialized World: https://amzn.to/32senHf
- Book: An Engine, Not a Camera: How Financial Models Shape Markets: https://amzn.to/3CRyJ9m
- Charlie Munger Speech: A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business: https://bit.ly/3I3IWn8
- Book: Consilience: The Unity of Knowledge: https://amzn.to/3DNELsZ

A special thank you to our sponsors for their continued support: Venterra Realty, Creaghan McConnell Group, Simcoe Capital Management, Neuberger Berman, Foremost Financial, Firepower Capital, East Coast Fund Management, Blue Owl, and Algonquin Capital.

Enjoy!

Timestamps:
0:00 Introduction
2:23 Upbringing & Professional Epiphanies
5:47 Skill-Matching
9:17 Valuations & Key Lessons from "Creating Shareholder Value"
18:25 Intangible Assets
24:46 Interest Rates
30:10 The Paradox of Skill (Vs. Luck)
39:34 Persistance in VC and Private Equity
53:16 Decision-Making Frameworks
58:45 The Best Advice Michael's Received

All opinions expressed by participants in the video are solely their own opinions and do not reflect the opinion of Prime Quadrant or its affiliates and are subject to change at any given time for any reason. The information in any of Prime Quadrant’s video productions is for informational and entertainment purposes. It does not constitute financial, investment, tax, or legal advice and should not be construed as such. Please see the appropriate professional advisor for advice specific to your situation. For more information visit www.primequadrant.com.

Видео Michael Mauboussin: Navigating the Complexity of Today's Markets | Lunches with Legends #22 канала Prime Quadrant