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Description
Investing: The Last Liberal ArtRobert G. Hagstrom is one of the best known authors of investment books for general audiences. Turning his extensive experience as a portfolio manager at Legg Mason Capital Management into valuable guidance for professionals and nonprofessionals alike, he is the author of six successful books on investment, including The Warren Buffett Way, a New York Times best seller that has sold more than a million copies. In this updated second edition of
Robert G. Hagstrom is one of the best-known authors of investment books for general audiences. Turning his extensive experience as a portfolio manager at Legg Mason Capital Management into valuable guidance for professionals and nonprofessionals alike, he is the author of six successful books on investment, including The Warren Buffett Way, a New York Times best-seller that has sold more than a million copies. In this updated second edition of Investing: The Last Liberal Art, Hagstrom explores basic and fundamental investing concepts in a range of fields outside of economics, including physics, biology, sociology, psychology, philosophy, and literature. He discusses, for instance, how the theory of evolution disrupts the notion of the efficient market and how reading strategies for literature can be gainfully applied to investing research. Building on Charlie Munger's famous "latticework of mental models" concept, Hagstrom argues that it is impossible to make good investment decisions based solely on a strong knowledge of finance theory alone. He reinforces his concepts with additional data and a new chapter on mathematics, and updates his text throughout to reflect the developments of the past decade, particularly the seismic economic upheaval of 2008. He has also added a hundred new titles to the invaluable reading list concluding the book. Praise for the first edition:"I read this book in one sitting: I could not put it down."--Peter L. Bernstein, author of Against the Gods: The Remarkable Story of Risk
"Elegant and irresistible. Robert G. Hagstrom makes the complex clear as he confidently crisscrosses through the disciplines of finance, biology, physics, and literature. The only way to understand investing better, Investing] shows, is to understand the world better. Ideas spark off the page at every turn. This is simply a gem of a book."--James Surowiecki, New Yorker
"Investing is a brisk and engaging read, and it is a pleasure to be in the presence of Hagstrom's agile mind."--International Herald Tribune
Binding Type: Hardcover
Publisher: Columbia University Press
Published: 01/08/2013
ISBN: 9780231160100
Pages: 201
Weight: 1.05lbs
Size: 9.10h x 6.30w x 1.10d
Review Citations: Library Journal 03/15/2013 pg. 113
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4.6 ★★★★★
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Product Reviews
★★★★★ 5
AWESOME
Color: Rustic Brwon, Size: 16in
EASY INSTALL, I WILL BUY MANY MORE
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Reviewed in the United States on May 7, 2026
★★★★★ 5
Easy to install, very tough!
Color: White, Size: 16in, Color: White, Size: 16in
Seriously, scoring these shelf stands for $30 feels like an absolute steal! Four chunky wood boards with metal T-brackets that actually feel substantial - way sturdier than those flimsy IKEA ones I used to have. My old cheapo stands warped after half a year, but these hold up like a champ - I've got like 15 heavy textbooks stacked on them right now.
Love the little details too: rounded edges so you won't scrape your hands, and rubber grip strips on the bottom. They look legit fancy in my living room as bookshelves and even class up my kitchen herb garden. My friend thought they were some high-end designer furniture! Honestly, the craftsmanship at this price puts my old $60 wooden shelves to shame. Already told my DIY group chat about these - trust me, you can't go wrong!
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Reviewed in the United States on March 13, 2025
★★★★★ 4
Great look. Sturdy.
Color: Rustic Brwon, Size: 16in
Great look if you can get it installed. The sticker paper mounting guides rip so easy so he careful!
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Reviewed in the United States on October 4, 2025
★★★★★ 1
Worst item ever
Color: White, Size: 16in
Set up shelves and not sturdy at all. Followed the instructions perfectly. Very poorly made. I don’t have the box and now I’m stuck with the item.
Garbage can here it comes.
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Reviewed in the United States on April 20, 2026
★★★★★ 5
Shelves
Color: Rustic Brwon, Size: 16in
Love the quality but got the wrong color. Company was easy to work with in return. If you need shelving these are awesome
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Reviewed in the United States on March 31, 2026