#5949
Mentioned in 7 episodes
Investing The Last Liberal Art
Book • 2013
In 'Investing: The Last Liberal Art', Robert G. Hagstrom delves into fundamental investing concepts by drawing from multiple fields outside of economics.
Inspired by Charlie Munger's 'latticework of mental models', Hagstrom argues that good investment decisions cannot be made solely on finance theory.
The book discusses how theories from physics, biology, sociology, psychology, philosophy, and literature can be applied to investing research.
It also includes a new chapter on mathematics and updates reflecting the economic developments since 2008.
The book emphasizes the importance of a broad education and critical thinking in investment performance.
Inspired by Charlie Munger's 'latticework of mental models', Hagstrom argues that good investment decisions cannot be made solely on finance theory.
The book discusses how theories from physics, biology, sociology, psychology, philosophy, and literature can be applied to investing research.
It also includes a new chapter on mathematics and updates reflecting the economic developments since 2008.
The book emphasizes the importance of a broad education and critical thinking in investment performance.
Mentioned by
Mentioned in 7 episodes
Hagstrom wrote about Charlie Munger in this book, also mentioning Bill Miller.
60 snips
Buffett Does It. Most Value Investors Don’t | Robert Hagstrom on the Real Key to Compounding [Excess Returns Podcast]
Mentioned by 
Clay Finck and 
Kyle Grieve as the central focus of the podcast episode, discussing its insights on mental models and investing.
Clay Finck and Kyle Grieve as the central focus of the podcast episode, discussing its insights on mental models and investing.
35 snips
TIP640: Investing: The Last Liberal Art w/ Clay Finck & Kyle Grieve
Mentioned by Adam Katz as a book that explores the idea that developing an investment thesis requires insights from various disciplines.
#56 - Adam Katz: Activist Investing Insights
Mentioned by 
Guy Spier as a book suggesting that extracurricular activities can improve investing skills.
Guy Spier as a book suggesting that extracurricular activities can improve investing skills.
Think smarter, not harder with Howard Marks
Mentioned by Robert Hagstrom as a book based on Charlie Munger's 'art of achieving worldly wisdom'.
Buffett Does It. Most Value Investors Don’t | Robert Hagstrom on the Real Key to Compounding
Recommended by Angela Strange as a great reminder of the power of being knowledgeable in several fields.
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