Regression Towards the Mean
Michael Mauboussin explains the concept of regression towards the mean and its importance in forecasting future performance. He highlights the rate at which regression occurs and how it varies across different industries. Understanding these differences can help inform investment decisions and temper unrealistic expectations.In this clip
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Invest Like the Best
Michael Mauboussin - Man + Machine, Moats, and Power of the Outside View - [Invest Like the Best, EP.37]
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