- Series: Columbia Business School Publishing
- Paperback: 320 pages
- Publisher: Columbia University Press; Updated, Expanded edition (June 11, 2013)
- Language: English
- ISBN-10: 0231143737
- ISBN-13: 978-0231143738
- Product Dimensions: 6.2 x 0.8 x 9 inches
- Shipping Weight: 1.2 pounds (View shipping rates and policies)
- Average Customer Review: 74 customer reviews
- Amazon Best Sellers Rank: #331,735 in Books (See Top 100 in Books)
Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Other Sellers on Amazon
+ Free Shipping
+ Free Shipping
+ $3.75 shipping
More Than You Know: Finding Financial Wisdom in Unconventional Places (Updated and Expanded) (Columbia Business School Publishing) Paperback – June 11, 2013
|New from||Used from|
See the Best Books of 2018 So Far
Looking for something great to read? Browse our editors' picks for the best books of the year so far in fiction, nonfiction, mysteries, children's books, and much more.
Frequently bought together
Customers who bought this item also bought
More Than You Know is a lucid explanation of the exciting new developments in behavioral economics and cognitive science on the rationality and irrationality of people's economic choices. Michael J. Mauboussin has an excellent understanding of the science of what it does and does not imply for investing, purchasing, and other real-life decisions. This book is essential reading for anyone interested in the science of human nature and its relevance to the world of finance. (Steven Pinker, Harvard University)
Refreshingly intelligent... engagingly shows how a multidisciplinary perspective can deepen your sense of how financial markets work. (Wall Street Journal)
Few readers could come away from this book without being stimulated and intrigued.Los Angeles Times (Los Angeles Times)
Wonderfully thoughtful and insightful... sophisticated and accessible, intriguing and entertaining.The Washington Post (The Washington Post)
A fun read that draws insights from a wide range of scholarly disciplines. (BusinessWeek)
Anyone can appreciate its flashes of Oliver Sacks-like insight. (Bloomberg Magazine)
Mauboussin is not your average Wall Street equity analyst... [his book] can be read for entertainment... or to broaden your investment thinking. (Publishers Weekly)
A conceptually brilliant, highly practical book that every investor and analyst needs to read-several times. Mauboussin has no peers; he understands how value is created better than anyone, anywhere. (Clayton Christensen, Harvard Business School)
Mauboussin has found great insights about the science of human behavior in unconventional places and has written superbly about it. (Robert Sapolsky, Stanford University)
A fascinating compendium-like a Ph.D. in investment wisdom. If you want to understand how the world's best investors think, you must read this book. (Bill Miller, Chairman and Chief Investment Officer, Legg Mason Capital Management)
About the Author
Michael J. Mauboussin is head of global financial strategies at Credit Suisse and an adjunct professor at Columbia Business School. He is the author of The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing and Think Twice: Harnessing the Power of Counterintuition.
Top customer reviews
There was a problem filtering reviews right now. Please try again later.
Great book! You have to have good emotional control to perform optimally in the markets, so reading these types of books is just as important as those books that teach you how to pick stocks, if not more!
Although much of the content is common to experienced investors, the book contains many helpful insights for the new trader and/or average reader. Among the insights that I have gained reading the book, I think the most blatant one that I liked is the "quality investment philosophy themes". These themes are as follows:
- In any probabilistic field, you're better off focusing on the decision making process than on the short term outcome.
- Taking the long-term perspective is essential, because short term has too much randomness.
- Internalizing a probabilistic approach to investing is essential.
The book has several references to other finance-related stuff (there exists a 52-page references list at the back of the book). These references might trigger some deeper studies for the reader. I would like to finish this review with one of those references, a quote from Peter L. Bernstein: "The fundamental law of investing is the uncertainty of the future."
I also found the conclusion (that there is simply a ton that is unknown about how markets function in practice) refreshing.