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Latticework
Book

Latticework

The New Investing

Thomson Texere, 2000 подробнее...

автоматическое преобразование текста в аудио
автоматическое преобразование текста в аудио

Editorial Rating

8

Qualities

  • Innovative

Recommendation

Robert G. Hagstrom convincingly advances the thesis that successful investing, in the long term, is dependent upon cross-connecting ideas from the whole spectrum of human experience. Working with seminal concepts from physics, biology, the social sciences, psychology, philosophy and literature, Hagstrom has crafted a roadmap for those who wish to elevate their decision-making processes. getAbstract.com highly recommends this illuminating book to anyone willing to devote the necessary time and energy to improving investment performance by embracing concepts from less familiar disciplines.

Take-Aways

  • Simple models of economic performance are inadequate for realistic prediction.
  • Economic systems are complex systems.
  • Complex systems defy simplistic analysis because each action in the system alters the nature of the system itself.

About the Author

Robert G. Hagstrom’s first book, The Warren Buffett Way, sold more than 750,000 copies and spent 21 weeks on the New York Times bestseller list. He currently serves as Senior Vice President and Director for Legg Mason Focus Capital, a global financial services company. He lives with his family in Wayne, PA.


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