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Michael Mauboussin
@mjmauboussin
Decisions, books, investing, mental models, complex adaptive systems, skill, luck. Adjunct Prof @Columbia_Biz and Chairman Emeritus of the Board @sfiscience
michaelmauboussin.com
Joined July 2012
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    Michael Mauboussin
    @mjmauboussin
    Dec 31, 2024
    Some of my favorite books from 2024 (in no particular order): A Brief History of Intelligence by @maxsbennett If you have an interest in evolution, the mind, and artificial intelligence, this one is for you. I would love to take a course based on this book
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    Michael Mauboussin
    @mjmauboussin
    Dec 31, 2023
    Some of my favorite books from 2023 (in no particular order): Outlive by @PeterAttiaMD Changed some of my behaviors as a result of reading it
    690K
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    Michael Mauboussin
    @mjmauboussin
    Nov 28, 2023
    I was fortunate to spend time with Charlie Munger this summer through the generosity of John Conlin. I don’t think there’s anyone in the investing world who has had a bigger impact on my outlook than Charlie. A life well lived.
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    Michael Mauboussin
    @mjmauboussin
    Mar 4, 2021
    When I see people throw around EV/EBITDA multiples, I always wonder if they are aware of how much is EBIT, how much is DA, and why it matters
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    Michael Mauboussin
    @mjmauboussin
    Apr 4, 2023
    During the podcast with .@tferriss, I mentioned a reading list I suggested for my son (@amaub) who was taking a gap year before going to college. I have received a lot of requests for the books on that list. Alas, neither of us saved it, but we were able to recreate a lot of it:
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    Michael Mauboussin
    @mjmauboussin
    Jan 29, 2019
    Tonight I start my course @Columbia_Biz. This is my 27th consecutive year teaching Security Analysis and a good time to take stock of what has changed and what has stayed the same over the years www8.gsb.columbia.edu/courses/mba/20…
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    Michael Mauboussin
    @mjmauboussin
    Jan 14, 2021
    Like other finance professors, I did the obligatory coin toss exercise with my students @Columbia_Biz last night to demonstrate the role of randomness. One student called 9 correctly in a row. Yeah, don't bother: her fund is now closed to new investors.
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    Michael Mauboussin
    @mjmauboussin
    May 7, 2022
    1/ Some thoughts on recent results in the stock market. If you are an investor (as opposed to a speculator) remember that you are buying partial stakes in *businesses.* Would you be comfortable owning the business for years to come if there were no stock price?
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    Michael Mauboussin
    @mjmauboussin
    Jan 13, 2021
    Cockpit checklist complete. Year 29 of Security Analysis ⁦@Columbia_Biz⁩ ready for takeoff. Excited and nervous as always.
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    Michael Mauboussin
    @mjmauboussin
    Dec 16, 2020
    Going through some old files...
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    Michael Mauboussin
    @mjmauboussin
    Jun 26, 2019
    Can you find the most valuable book?
  • user avatar
    Michael Mauboussin
    @mjmauboussin
    Aug 5, 2017
    Value investors, enjoy! www8.gsb.columbia.edu/valueinvesting…
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    Michael Mauboussin
    @mjmauboussin
    Dec 15, 2022
    Capital allocation is one of management's prime tasks. Today we are publishing our most comprehensive research ever on capital allocation: "Capital Allocation: Results, Analysis, and Assessment." morganstanley.com/im/publication…
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    Michael Mauboussin
    @mjmauboussin
    Jan 25, 2023
    Lots of butterflies as I prepare for my 31st consecutive year teaching Security Analysis @Columbia_Biz and @CenterDodd starting tonight. Material is better than ever and I couldn't be more excited. I found my lecture notes from 1993-pre-Internet and widespread use of PowerPoint!
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