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Podcast: Excess Returns
Episode: The 0.1% Winners | Chris Mayer and Robert Hagstrom on Why Outliers Drive Returns
Description: Subscribe to the 100 Year Thinkers of SpotifySubscribe to the 100 Year Thinkers of AppleIn this episode of our new show, 100 Year Thinkers, Robert Hagstrom and Chris Mayer explore how investors should think about base rates, extreme outcomes, and the realities of long-term wealth creation in markets. Applying the work of Michael Mauboussin, the conversation challenges conventional ideas like mean reversion and highlights why a small number of companies drive most stock market returns—and what that means for portfolio construction.This episode brings together Robert Hagstrom and Chris Mayer to explore how invest...