Wednesday, July 2, 2008

More Than You Know! (but you're learning!)

I've also been reading Michael J. Mauboussin's More Than You Know: Finding Financial Wisdom in Unconventional Places (2008). Terribly entertaining essays loosely figured around the subject of finance and investing that pick-up and use insights from all manner of trains of (serious) thought. For instance, Phillip Tetlock on "experts" (i.e., hedgehogs vs. foxes), Robert Sapolsky on stress (and how it leads to short-term investment thinking to the detriment of return), and so on. More later on particulars. Very good, entertaining reading indeed.