TIP543: 100 Baggers: Stocks that Return 100-1 w/ Chris Mayer

We Study Billionaires - The Investor’s Podcast Network

On today’s episode, Clay sits down with Chris Mayer to discuss the lessons from his book - 100 Baggers.

Chris is the author of 100 Baggers, and the portfolio manager of Woodlock House Family Capital. Chris’s book was published in 2018, and has quickly become a favorite within the investing community. The book very clearly explains the ingredients needed for a stock to compound and grow to 100 Bagger status, which we discuss during this episode.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

04:16 - The primary characteristics of companies that reached 100 Bagger status.

07:08 - How Chris views valuation when purchasing high-quality companies.

09:51 - How Chris assesses the durability of a moat.

18:15 - Why stocks are one of the best long-term protections against calamity and chaos.

44:27 - Why Chris prefers to own companies with management teams that own substantial portions of the company’s stock.

35:13 - Why Chris chose to concentrate his fund into only 10 holdings.

37:04 - Chris’s assessment of Constellation Software and why it’s one of his favorite holdings.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Tune into our previous episode covering The Joys of Compounding or watch the video.
• Check out our recent episode covering Mark Leonard's Letters and Constellation Software or watch the video.
• Chris’s fund: Woodlock House Family Capital.
• Chris Mayer’s book: 100 Baggers.
• Thomas Phelps’ book: 100 to 1 in the Stock Market.
• Barton Biggs’ book: War, Wealth & Wisdom.
• Follow Chris on Twitter.
• Follow Clay on Twitter.

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