Quote · Excess Returns
The 100 Year Thinkers: Chris Mayer on SpaceX, AI Reckoning, and Why Early Is Overrated
Where this was said
Becoming a great company versus already being mature
At 21:35 · chapter starts 21:00
Mayer prefers businesses still 'becoming' great over mature blue chips, emphasizing market cap relative to TAM and the compounding power of capital reinvested at high returns.