More Than You Know : Finding Finincial Wisdom In Unconventional Places

Front Cover
HarperCollins Publishers India, Feb 12, 2009 - Business & Economics - 346 pages
Since its first publication, Michael J. Mauboussin's popular guide to wise investing has been translated into eight languages and has been named best business book by BusinessWeek and best economics book by Stragety+Business. Now updated to reflect current research and expanded to include new chapters on investment philosophy, psychology, and strategy and science as they pertain to money management, this volume is more than ever the best chance to know more than the average investor.

Offering invaluable tools to better understand the concepts of choice and risk, More Than You Know is a unique blend of practical advice and sound theory, sampling from a wide variety of sources and disciplines. Mouboussin builds on the ideas of visionaries, including Warren Buffett and E.O. Wilson, but also finds wisdom in a broad and deep range of fields, such as casino gambling, horse racing psychology, and evolutionary biology. For this edition, Mauboussin includes fresh thoughts on human cognition, management assessment, game theory, the role of intuition, and the mechanisms driving the market'w mood swings, and explains what these topics tell us about smart investing.

More Than You Know is written with the professional investor in mind but extends gar beyound the world of economics and finance. It shows how a multidisciplinary approach that pays close attention that pays close attention to process and the psychology of decision-making offers the best chance for long-ter financial results.

About the author (2009)

Since its first publication, Michael J. Mauboussin's popular guide to wise investing has been translated into eight languages and named best business book by BusinessWeek and best economics book by Strategy+Business. Now updated to reflect current research and expanded to include new chapters on investment philosophy, psychology, and strategy and science as they pertain to money management, this volume is more than ever the best chance to know more than the average investor.Mauboussin builds on the ideas of visionaries, including Warren Buffett and E. O. Wilson, but also finds wisdom in a broad range of fields, such as casino gambling, horse racing, and evolutionary biology. For this edition, he includes fresh thoughts on human cognition, management assessment, game theory, the role of intuition, and the mechanisms driving the market's mood swings.More Than You Know is written with the professional investor in mind but extends far beyond the world of economics and finance. It shows how a multidisciplinary approach that pays close attention to process and the psychology of decision-making offers the best chance for longterm financial results.Michael J. Mauboussin is chief investment strategist at Legg Mason Capital Management and an adjunct professor at Columbia Business School. He is the author (with Alfred Rappaport) of ExpectationsInvesting: Reading Stock Prices for Better Returns.

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