Every book Matt Smith recommended on podcasts

Matt Smith appeared on the podcast Invest Like the Best in an episode titled [REPLAY] Deep Basin – Earning Alpha in Energy, released on September 11, 2019. During the program, he discussed his professional background and shared his perspectives on the energy sector and market dynamics. In the course of the conversation, Matt Smith recommended the book Expectations Investing, authored by Michael J. Mauboussin and Alfred Rappaport. He noted that it was one of his favorite investing books. Explaining the core concept of the work, Matt Smith stated that the authors write about using security prices to understand the embedded or price-implied expectations of the market. He brought up the book specifically while illustrating how he applied this analytical approach to evaluate energy companies and determine what the market anticipated from them. His recommendation highlighted the practical utility of the framework presented by Michael J. Mauboussin and Alfred Rappaport for investors analyzing security valuations within complex commodity markets and broader economic sectors.