More Than You Know: Finding Financial Wisdom in Unconventional Places

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More Than You Know: Finding Financial Wisdom in Unconventional Places

Author(s): Michael J. Mauboussin
Publisher: Columbia University Press
Binding: Hardcover
Regular price $14.36
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More Than You Know: Finding Financial Wisdom in Unconventional Places offers a multidisciplinary look at how to make better investment decisions and understand risk. First published to wide acclaim, this updated and expanded edition reflects current research and adds new material on investment philosophy, psychology, strategy, and science.

Drawing on fields as diverse as casino gambling, horse racing, evolutionary biology, and behavioural psychology, the author shows how ideas from outside finance can sharpen judgment about markets. Case studies range from professional poker strategy and betting systems to animal behaviour and market bubbles, making complex concepts accessible and memorable.

The book is organized into four parts—Investment Philosophy, Psychology of Investing, Innovation and Competitive Strategy, and Science and Complexity Theory—highlighting how process, probability, and human cognition shape long-term results. Each essay is supported by references for readers who want to explore the research in more depth.

Ideal for serious investors, students of finance, and anyone interested in how decisions under uncertainty really work, this volume encourages clear thinking, disciplined analysis, and a more informed approach to managing money.

  • Focus on choice, risk, and decision making
  • Examples from real markets, games, and everyday life
  • Emphasis on process and long-term investing outcomes

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