Resisting the Sirens with Chris Mayer, Author, "The Investor's Odyssey"

In this episode of the Planet MicroCap Podcast, I spoke with Chris Mayer, Author of the new book, ”The Investor’s Odyssey: Resisting the Sirens and Playing the Long Game”, to dig into why finding great companies is only half the battle - and why keeping them is where most investors lose the war.

We break down how the Odyssey became the perfect metaphor for long-term investing, what the sirens look like in today’s market, why the harder problem was never finding the hundred-bagger but holding through the drawdowns, and what commitment devices actually work for staying tied to the mast when everything around you is screaming to sell. We also get into how AI is changing the calculus on moats, when selling is the right answer and not a siren at all, and what Ithaca really means for a long-term investor.

To get your copy of ”The Investor’s Odyssey”, please visit: https://a.co/d/06FIKVuw

Chapters:

00:00 Why holding a 100-bagger is harder than finding one

04:04 The drawdowns and long plateaus that test investors

06:13 How the Odyssey metaphor shaped Mayer’s investing

10:33 Today’s sirens: market chatter and fear of missing out

13:13 Commitment devices: tie yourself to the mast

16:08 Why business quality comes before management

18:07 Retail investors, trading apps, and endless distractions

20:08 Staying invested through regimes, peaks, and index rallies