Bibliograph

Investing, the last liberal art, Robert G. Hagstrom

Type

Label

Investing, the last liberal art, Robert G. Hagstrom

Language

eng

Bibliography note

Includes bibliographical references and index

Index

index present

Literary Form

non fiction

Main title

Investing

Nature of contents

bibliography

Oclc number

794366425

Responsibility statement

Robert G. Hagstrom

Sub title

the last liberal art

Summary

In this updated second edition of Investing: The Last Liberal Art, Hagstrom explores basic and fundamental investing concepts in a range of fields outside of economics, including physics, biology, sociology, psychology, philosophy, and literature. He discusses, for instance, how the theory of evolution disrupts the notion of the efficient market and how reading strategies for literature can be gainfully applied to investing research. Building on Charlie Munger's famous "latticework of mental models" concept, Hagstrom argues that it is impossible to make good investment decisions based solely on a strong knowledge of finance theory alone. He reinforces his concepts with additional data and a new chapter on mathematics, and updates his text throughout to reflect the developments of the past decade, particularly the seismic economic upheaval of 2008. He has also added a hundred new titles to the invaluable reading list concluding the book

Table Of Contents

A latticework of mental models -- Physics -- Biology -- Sociology -- Psychology -- Philosophy -- Literature -- Mathematics -- Decision making

Target audience

adult

Classification