Investing basics, portfolio construction, business strategies, interviews, essays, & white papers

Mauboussin


Who is On the Other Side by Michael Mauboussin

Looking for The Easy Games in Bonds

What Does A Price-Earnings Multiple Mean?

M&M on Valuation

Price to Earnings Ratio

Common Errors in DCF Model by Michael Mauboussin

Estimating the Cost of Capital by Michael Mauboussin

Capital Allocation by Michael Mauboussin

Distributing Cash To Shareholders by Michael Mauboussin

Lessons from Freestyle Chess & Cultivating Your Judgement by Michael Mauboussin

Procyclicality and Its Extremes by Michael Mauboussin

The Math of Value and Growth

What Does EV/EBITDA Multiple Mean?

Alpha and The Paradox of Skill

Gurley


Stock Buybacks


Notes on Stock Repurchases

The Incquisition of Capitalism

Investment Strategy


Company Report


Investment Philosophy


Investment Checklist


Book Reviews


Expectations Investing by Michael Mauboussin & Alfred Rappaport

Modern Monopolies

Understanding Michael Porter

The Most Important Thing by Howard Marks

Charlie Munger The Complete Investor

The Ride of a Lifetime by Bob Iger

The Success Equation by Michael Mauboussin

The Outsiders by William Thorndike

White Papers/Essays/Letters


ShawSpring Letter on Optionality (11/20/20)

Ensemble Capital: Position Size

Active Share and the Three Pillars of Active Management: Skill, Conviction and Opportunity

Leveraged Small Value Equities by Brian Chingono & Dan Rasmussen

The Cost of Capital: The Swiss Army Knife of Finance by Aswath Damodaran

Dividend Policy, Growth, and Valuation of Shares by Miller & Modigliani

Stocks You Shouldn't Own by OSAM

Dimensions of Return by Ehren Stanhope of OSAM

Chuck Akre: "An Investor's Odyssey: The Search for Outstanding Investments"

Podcasts & Interviews


Gary Mishuris - The Acquirers Podcast

Adventures in the Obscure with Dave Waters, Alluvial Capital

Value After Hours (S03:E17)

Interview with Fred Liu (12/1/20)

Mark Walker - Interview with Value Walk

Matthew Sweeney of Laughing Water Capital on The Acquirers Podcast

Mark Walker of Tollymore - Good Investing Talks

Dan McMurtrie on The Business Brew

David Kim: Yet Another Value Podcast

ILTB: Hamilton Helmer

Invest Like The Best: Tobi Lutki

Acquires Podcast: Ian Cassell

Invest Like The Best: Bryan Krug

Invest Like The Best: Chris Bloomstran

Invest Like The Best: Chuck Akre

Invest Like The Best: Gavin Baker #2

Good Investing TV: Dennis Hong of Shawspring Partners

The Acquiers Capital Podcast: Bluegrass Capital

Eric Vishria - Invest Like the Best

KoyfinCharts: Gavin Baker

Michael Mauboussin on Invest Like the Best: #4

Yet Another Value Podcast: Dave Waters of Alluvial Capital

Francisco Olivera - Acquires Multiple Podcast

Michael Shearn - Microcap Club Happy Hour

Ian Cassel: Chain Reaction Podcast

Lauren Taylor Wolfe - Invest Like The Best

Concepts to explore


Capital Allocation

Messaging

Aligning Incentives

Yen Liow - Oxford University Alpha Fund Conversation 6/7/21