Investing: The Last Liberal Art (Columbia Business School Publishing)

Investing: The Last Liberal Art (Columbia Business School Publishing)

Robert G. Hagstrom

Robert G. Hagstrom is without doubt one of the best-known authors of funding books for normal audiences. Turning his huge adventure as a portfolio supervisor at Legg Mason Capital administration into worthy advice for pros and nonprofessionals alike, he's the writer of six winning books on funding, together with The Warren Buffett Way, a New York Times best-seller that has bought greater than 1000000 copies.

In this up to date moment version of Investing: The final Liberal Art, Hagstrom explores uncomplicated and primary making an investment innovations in more than a few fields open air of economics, together with physics, biology, sociology, psychology, philosophy, and literature. He discusses, for example, how the speculation of evolution disrupts the proposal of the effective marketplace and the way studying thoughts for literature might be gainfully utilized to making an investment learn. development on Charlie Munger's well-known "latticework of psychological versions" inspiration, Hagstrom argues that it's very unlikely to make stable funding judgements dependent completely on a robust wisdom of finance conception on my own. He reinforces his suggestions with extra info and a brand new bankruptcy on arithmetic, and updates his textual content all through to mirror the advancements of the prior decade, fairly the seismic financial upheaval of 2008. He has additionally additional 100 new titles to the necessary studying record concluding the book.

Praise for the 1st edition:

"I learn this ebook in a single sitting: i couldn't positioned it down."―Peter L. Bernstein, writer of Against the Gods: The outstanding tale of Risk

"Elegant and impossible to resist. Robert G. Hagstrom makes the complicated transparent as he with a bit of luck crisscrosses during the disciplines of finance, biology, physics, and literature. the single technique to comprehend making an investment greater, [Investing] indicates, is to appreciate the realm greater. principles touch off the web page at each flip. this is often easily a gem of a book."―James Surowiecki, New Yorker

"Investing is a brisk and interesting learn, and it's a excitement to be within the presence of Hagstrom's agile mind."―International bring in Tribune

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