Our guest on the show this week was Chris Mayer, the Portfolio Manager of the Woodlock House Family Capital fund and the co-founder of the firm. He is also the author of 100 Baggers: Stocks That Return 100-to-1 and How To Find Them. You will notice that we are doing something a little different with this episode. Chris is our first guest who is not an executive at a public company. But, since this podcast is called Compounders: The Anatomy of a Multibagger, we thought it would be great to have on the guy who literally wrote the book on finding 100-baggers. In this wide-ranging interview, Chris and I discussed:
- The common attributes of 100-baggers Chris found in his study of compounders;
- The behavioral biases that make it hard for investors to realize a 100-bagger;
- Why individual investors might be more likely than are institutional investors to get the full benefit of decades of compounding;
- Where serial acquirers fit within the 100-bagger paradigm; and
- Why high incremental returns on capital are so important to long-term success
Please enjoy the interview at the following sites:
YouTube: https://www.youtube.com/watch?v=-SmrXb2QCMU
Spotify: https://open.spotify.com/episode/4iNCGFL5krtMkO3HX0NEh8
Apple: https://podcasts.apple.com/us/podcast/the-building-blocks-of-a-100-bagger-with/id1579124518?i=100056022965
Podbean: https://compounders.podbean.com/e/the-building-blocks-of-a-100-bagger-with-chris-mayer/
As always, if you have any comments, feedback, or guest recommendations, please contact us at podcast@covestreetcapital.com. You can also follow the podcast on Twitter @ https://twitter.com/CompoundersPod.
If you missed our last Compounders episode with Malcolm Wilson and Mark Manduca, the respective CEO and CIO of GXO Logistics, you can view it here.
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