He joined me for the second time to discuss his new research entitled whos on the other side. Rappaport and mauboussin provide everything the reader needs to utilize the discounted cash flow model successfully. Michael mauboussin is the director of research at bluemountain capital. Previously, he was director of research at bluemountain capital and head of global financial strategies at credit suisse, where he advised clients on valuation and portfolio positioning, capital markets theory, competitive strategy analysis, and decision making. However michael mauboussin, head of global financial strategies at credit suisse says the actual investor experience with total return, dividends plus stock appreciation, is quite different.
Linkedin is the worlds largest business network, helping professionals like michael mauboussin discover inside connections to. He is a former president of the consumer analyst group of new york and was repeatedly named to institutional investors allamerica research. Before rejoining credit suisse, he was chief investment. Credit suisse first boston corporation equity researchamericas industry. Prior to joining lmcm in 2004, michael was a managing director and chief u. While michael is well known in investment circles for his. He is a former president of the consumer analyst group of new york and was repeatedly named to institutional investors allamerica. Jul 01, 2016 view michael mauboussins professional profile on linkedin. Credit suisse holt and bluemountain capital management. Untangling skill and luck in business, sports, and investing boston, ma. Michael mauboussin active challenges, rational decisions. Prior to his role at bluemountain, michael was head of global financial strategies at credit suisse and chief investment strategist at legg mason capital management.
Michael mauboussin, head of global financial strategies at credit suisse and author of four books on investing, joined cnbcs mike santoli for. Prior to joining bluemountain, he was head of global financial strategies at credit suisse and chief investment strategist at legg mason capital management. One of my favorite resources for sage advise on investing strategy is michael j. Bluemountain investment research what does an evebitda. Measuring the moat updated version hurricane capital. Michael mauboussin on inefficiencies in equity markets. Previously, he was chief investment strategist at legg mason capital management and worked as a packaged food industry analyst at credit suisse during 1992. He was previously the chief investment strategist at legg mason capital management. Michael mauboussin research papers from credit suisse. Mauboussin is the head of global financial strategies at credit suisse. Michael mauboussin is currently the director of research at bluemountain capital management.
Prior to rejoining cs in 20, he was chief investment strategist at legg mason capital management. Before rejoining credit suisse, he was chief investment strategist at legg mason capital management from 20042012. Mauboussin is managing director and head of global financial strategies at credit suisse, where he advises clients on valuation and portfolio positioning, capital markets theory, competitive strategy analysis, and decisionmaking. The incredible shrinking universe of stocks cmg capital. Michael mauboussin is head of global financial strategies at credit suisse and the author of several books, including the success equation. Michael mauboussin currently is the director of research at bluemountain capital, a multibillion dollar hedge fund and asset manager. Michael mauboussin is credit suisse first bostons chief u. I have asked michael mauboussin to ensure that we are.
Mar 22, 2020 michael mauboussin is currently the head of global financial strategies at credit suisse. Mauboussin is head of global financial strategies at credit suisse and an adjunct professor at columbia business school. Untangling skill and luck in business, sports, and investing a book that found its way to warren buffetts desk. Over the holidays i recalled a conversion i had with a colleague where in early 2019 we spoke about the results of the q1 2019 cfo survey, which had the headline recession expected by late 2020 and stated that sixtyseven percent of u. Feb 12, 2018 michael mauboussin is currently the director of research at bluemountain capital management. After a few months, one of our technology analysts, charlie wolf, knocked on my door.
Michael joined cs in 1992 as a packaged food industry analyst. Michael mauboussin is currently the head of global financial strategies at credit suisse. Michael mauboussin is director of research at bluemountain capital management. Assessing the magnitude and sustainability of value creation sustainable value creation is of prime interest to investors who seek to anticipate expectations revisions. Before joining bluemountain, he was a managing director and head of global financial strategies at credit suisse. In each case, we present some ideas about how to overcome the potentially suboptimal choice. How to compare effectively is one of michaels current areas of emphasis. Credit suisses global financial strategies team has published an updated version of the report, measuring the moat. Prior to joining bluemountain in july of 2017, he was a managing director and head of global financial strategies at credit suisse. Michael mauboussin is the author of numerous books, including more than you know. The ten attributes of great fundamental investors michael j.
Prior to joining counterpoint global in january 2020, he was director of research at bluemountain capital management in new york. In thoughts on dividends and buybacks mauboussin and two colleagues discuss what they view as the common misperceptions about dividends and stock. People who have information about an individual case rarely feel the need to know the statistics of the class to which the case belongs. Mar 16, 2016 michael mauboussin, credit suisse i recently enjoyed a oneonone interview with michael mauboussin, head of global financial strategies at credit suisse, in his new york city office.
Michael mauboussin research papers from credit suisse full. He is also an adjunct professor of finance at the columbia business school and chairman of the board of trustees at santa fe. It includes new charts and examples and reflects the latest academic research. Mauboussin, managing director and head of global financial strategies at credit suisse speaks with niri ny president, theresa molloy on a. Mauboussin and kristen bartholdson, a process for outperformance, the consilient observer, 1, no.
Top articles and videos about michaelmauboussin on pocket. Mauboussin, managing director and head of global financial strategies at credit suisse speaks with niri ny president, theresa molloy on a range of issues including. Reflections on the ten attributes of great investors. Get the entire 10part series on walter schloss in pdf. We share some of his foundational work on the topic in the attached report.
Finding financial wisdom in unconventional places, think twice. Mauboussin is head of consilient research at counterpoint global. Mauboussin had been head of global financial strategies at credit suisse since 20, where earlier in his career he had been an analyst and, subsequently, chief u. There has been a sharp fall in the number of listed stocks in the u. Security analysis b836801 spring 2020 bidding syllabus. Mauboussin is chief investment strategist at legg mason capital management.
Michael mauboussin reflects on thirty years of markets. He spent the majority of his professional career thinking and writing about decision making, behavior and complex systems, with long stints at credit suisse and nearly a decade alongside bill miller at legg mason. Michael mauboussin on intuition, technology, and making better decisions the knowledge project ep. Consulting and is a professor emeritus at northwesterns kellogg school. Harnessing the power of counterintuition, and the success equation. Expectations investing offers a unique and powerful alternative for identifying valueprice gaps. Essentia analytics michael mauboussin is the wellknown investment strategist currently plying his wares at blue mountain capital. Prior to his role at bluemountain, michael was head of global financial strategies at credit suisse and. Michael mauboussin is a managing director and the head of global financial strategies at credit suisse. Wall street investment strategist, author, professor.
Sep 29, 2019 michael mauboussin is the director of research at bluemountain capital. Previously, he was director of research at bluemountain capital, head of global financial strategies at credit suisse, and chief investment strategist at legg mason capital management. We are happy to discuss specific examples of where and how we are applying the. Credit suisse s michael mauboussin explains how investors can learn to avoid mistakes, and the dumb.
Alfred rappaport directs shareholder value research for l. Assessing the magnitude and sustainability of value creation, credit. Passively managed looking for easy games credit suisse. This is precisely what credit suisse holt does through cash flow return. View michael mauboussins professional profile on linkedin. How passive investing shapes active management 052017 the incredible shrinking universe of stocks credit suisse 11152016 michael mauboussin. Nov 02, 2016 credit suisses global financial strategies team has published an updated version of the report, measuring the moat. Michael mauboussincredit suisse research papers the big. As they say in poker, if youve been in the game 30 minutes and you dont know who the patsy is, youre the patsy. Reflections on the ten attributes of great investors timeless investor. Michael mauboussin columbia business school directory. It is a widely used and misused approach to valuation. Michael mauboussin on his book, more than you know moi global. Luck plays a much greater role in shortterm investment results than many investors may think.
The interview is shared exclusively with members of the manual of ideas and below is a handpicked highlight from our conversation. Previously, he was director of research at bluemountain capital, head of global financial strategies at credit suisse, and chief investment strategist at. Calculating return on invested capital shareholder forum. Dec 17, 20 luck plays a much greater role in shortterm investment results than many investors may think. Mauboussin is director of research at bluemountain capital management in new york.
I have asked michael mauboussin to ensure that we are focused on excellence in all areas of our investment process. Michael mauboussin, credit suisse i recently enjoyed a oneonone interview with michael mauboussin, head of global financial strategies at credit suisse, in his new york city office. Michael mauboussin on his book, more than you know moi. He is also an adjunct professor at columbia university and runs the new economic forum at the santa fe institute. Global investment returns yearbook 2014 credit suisse. Michael mauboussin, head of global financial strategies at credit suisse, joins us again to discuss his recent paper, thirty years. Our conversation dives into the work, discussing how investors can focus on process over outcome.
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