Investing: The Last Liberal Art, Second Edition (Columbia Business School Publishing)
Successful investing requires hard work and mental acuity.Investing: The Last Liberal Artallows you to approach the task with a full set of power tools instead of a simple screwdriver. Robert Hagstrom masterfully makes the case for a multi-disciplinary approach and then equips you with a dazzling array of ideas from essential fields of study. I wish I could have read this book 25 years ago.(Michael Mauboussin, Author ofMore Than You Know: Finding Financial Wisdom in Unconventional PlacesandThe Success Equation: Untangling Skill and Luck in Business, Sports, and Investing)Investingis a brisk and engaging read, and it is a pleasure to be in the presence of Hagstrom's agile mind. But while Hagstrom's model of the market as a complex, irrational and ultimately human emanation is provocative, the book is most successful as an educational manifesto.(Praise for the first edition,New York Times)Recommended reading for anyone who invests, as well as students of finance and business, for its fresh perspective on the dynamics of the market.(Library Journal (starred review))Highly recommended as a supplementary resource especially for anyone considering a career in finance, or direct personal management of their own investments.(Midwest Book Review)opens the reader's mind to ideas that may well lead to valuabl;e insights about the financial markets.(Martin S. FridsonFinancial Analysts Journal1900-01-00)