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Investing: The Last Liberal Art

  • Book
  • Nov 17, 2000
  • #Investment
Robert G. Hagstrom
@RobertGHagstrom
(Author)
www.amazon.com
Paperback
4.6/5 14 ratings
Paperback Hardcover
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4.09/5 508 ratings
2 Recommenders
2 Mentions
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Offering a picture of investing within the larger world, this title explains how investment managing works by borrowing the big ideas from other complex disciplines: biology, econom... Show More

Offering a picture of investing within the larger world, this title explains how investment managing works by borrowing the big ideas from other complex disciplines: biology, economics, mathematics, philosophy, physics and psychology. In the biology chapter, Hagstrom analyses the central nervous system and the immune system as complex adaptive systems and then draws parallels with the behaviour of the economy and the stock market. In the physics chapter, he explores a mathematical distribution and considers the advantages of scale in relation to the bigger is better models that define the business strategies of Wal-Mart, McDonald's and Home Depot.

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Number of Pages: 224

ISBN: 1587991381

ISBN-13: 9781587991387

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Morgan Housel @MorganHousel ยท May 12, 2017
  • Curated in 23 Books That Changed My Life
Investing: The Last Liberal Art is the most underappreciated investment book.
Tommy Collison @tommycollison
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