How can time become an investor’s edge? Our Co-President Michael Baron recently joined the @excessreturnpod to discuss why looking beyond near-term uncertainty can help investors better understand what a business may become. Michael also explained how curiosity shapes that perspective. By speaking directly with management teams and conducting primary research, we seek to understand where a business is headed, not only where it stands today. That approach is especially relevant as AI reshapes industries, and helps us assess which companies may be vulnerable to disruption and which may be positioned to benefit. Watch the full episode: -- Information and services provided on independent websites are not reviewed, guaranteed by or endorsed by Baron Capital or its affiliates. Please be aware that this independent website’s terms and conditions and other legal information may be different than those of Baron Capital’s website. Baron Capital is not liable for the content appearing on it, or for the content appearing on it, or for technical or systems issues arising from the use of this independent website. The discussion of market trends is not intended as advice to any person regarding the advisability of investing in any particular security. The views expressed in this post reflect those of the respective writer. Some of our comments are based on management expectations and are considered “forward-looking statements.” Actual future results, however, may prove to be different from our expectations. Our views are a reflection of our best judgment at the time and are subject to change at any time based on market and other conditions and Baron has no obligation to update them. BAMCO, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Baron Capital, Inc. is a broker-dealer registered with the SEC and member of the Financial Industry Regulatory Authority, Inc. (FINRA). © 2026 Baron Capital. All rights reserved.