In one of his great papers on the ten attributes of great investors, Michael Mauboussin writes that “investing is an inherently social exercise” (“Thirty Years: Reflections on the Ten Attributes of Great Investors, Michael J. Mauboussin, Dan Callahan, Darius Majd, Credit Suisse, August 4, 2016). That’s both fact and warning. The fact is that investing […]
Michael Mauboussin
What It Takes To Be A Great Investor…
Investing is complicated. If you are a fundamental investor who looks at companies, you need to understand the company’s financials, grasp the underlying business, delve into how the company spends money to make money, and assess how it differs from its competitors. That work alone is substantial and hard. But it is not enough for […]
