Excess Returns

Quote · Excess Returns

The 100 Year Thinkers: Chris Mayer on SpaceX, AI Reckoning, and Why Early Is Overrated

Explore episode Jun 27, 2026

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.

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