

#4248
Mentioned in 11 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 11 episodes
Mentioned by 

, as the book explains how to invest in unrelated disciplines.


William Green

290 snips
RWH060: What Buffett, Munger & Bill Miller Taught Me w/ Robert Hagstrom
Mentioned by Robert Hagstrom as his book on the importance of multidisciplinary approach to investing, inspired by Charlie Munger.

290 snips
RWH060: What Buffett, Munger & Bill Miller Taught Me w/ Robert Hagstrom
Mentioned by 

and 

as the main topic of the podcast episode.


Kyle Grieve


Clay Finck

152 snips
TIP641: Improve Decision Making with Mental Models w/ Clay Finck & Kyle Grieve
Hagstrom wrote about Charlie Munger in this book, also mentioning Bill Miller.

85 snips
Buffett Does It. Most Value Investors Don’t | Robert Hagstrom on the Real Key to Compounding [Excess Returns Podcast]
Mentioned by Matt Ziegler, noting its advocacy for incorporating outside knowledge into investment decisions.

42 snips
30 Times Earnings Isn't Expensive | Chris Mayer & Robert Hagstrom on the Labels That Destroy Returns
Mentioned by 

and 

as the central focus of the podcast episode, discussing its insights on mental models and investing.


Clay Finck


Kyle Grieve

35 snips
TIP640: Investing: The Last Liberal Art w/ Clay Finck & Kyle Grieve
Mentioned by 

as one of the books that says to bring in outside things and forget the absolutes that you see in headlines and all the other places.


Matt Ziegler

28 snips
The Labels That Destroy Returns | Chris Mayer and Robert Hagstrom on How Language Misleads Markets
Mentioned by 

as a book suggesting that extracurricular activities can improve investing skills.


Guy Spier

24 snips
Think smarter, not harder with Howard Marks
Mentioned by 

as outlining Buffett's investment strategies.


Andrew Sather

16 snips
Investor Profile: How Charlie Munger Helped Us Think Better
Mentioned by ![undefined]()

as a book that explores the idea that developing an investment thesis requires insights from various disciplines.

Adam Katz

#56 - Adam Katz: Activist Investing Insights









