From symmetry considerations, it's easy to see that the $k$th element has exactly a $1/k$ chance of being the largest among the first $k$ terms. By linearity of expectation, the expected number of "record-breakers" in a random ordering is just $\sum_{k=1}^n \frac1k$. This is the $n$th harmonic number, which is well-approximated by $\ln n + \gamma$, where $\gamma = 0.5772\ldots$ is Euler's constant.