Investing: The Last Liberal Art (NONE)
| Author | : | |
| Rating | : | 4.16 (741 Votes) |
| Asin | : | B00APDG114 |
| Format Type | : | |
| Number of Pages | : | 557 Pages |
| Publish Date | : | 2013-05-15 |
| Language | : | English |
DESCRIPTION:
The broad world J. Churchill This is an excellent book to get you thinking about how investing fits in the broader world. There isn't any directions for actual investing (like evaluating stocks, etc.) but lots to ponder and think about with the larger picture. A very insightful and entertaining read. Not too deep but deep enough.. Phil O. said Quick, shallow, wide survey of ideas and thinkers. This might be somewhat useful to a complete novice in finance and investing ideas and history, to get a thumbnail sketch as a bare start. It is a mile wide and an inch deep, which I suppose fits the title. It is like a menu that barely explains the items on it, and not terribly well at that, before moving on. The whole book is peppered wit. Marc wright said an original. This is a great book for those who want to learn the basics of investing. Its original thesis should appeal to both finance professionals and novice investors alike. Take a few hours to read this book.
Ideas spark off the page at every turn. Turning his extensive experience as a portfolio manager at Legg Mason Capital Management into valuable guidance for professionals and nonprofessionals alike, he is the author of six successful books on investment, including The Warren Buffett Way, a New York Times best-seller that has sold more than a million copies.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 reinforces his concepts with additional data and new chapters on mathematics and history and updates his text throughout to reflect the developments of the past decade, particularly the seismic economic upheaval of 2008. Robert G. Hagstrom makes the complex clear as he confidently crisscrosses through the disciplines of finance, biology, physics, and literature. 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 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 resea
But while Hagstrom's model of the market as a complex, irrational and ultimately human emanation is provocative, the book is most successful as an educational manifesto. Robert Hagstrom masterfully makes the case for a multi-disciplinary approach and then equips you with a dazzling array of ideas from essential fields of study. Fridson Financial Analysts Journal) . Investing: The Last Liberal Art allows you to approach the task with a full set of power tools instead of a simple screwdriver. (Martin S. (Michael Mau
He is also the author of The Warren Buffett Portfolio: Mastering the Power of the Focus Investment Strategy; The Essential Warren Buffett: Timeless Principles for the New Economy; NASCAR Way: The Business That Drives the Sport, and The Detective and the Investor: Uncovering Investment Techniques from the Legendary Sleuths. Robert G