James Surowiecki speaks with Michael Mauboussin, the Chief Investment Strategist at Legg Mason Capital Management, a Professor at Columbia’s Business School and the author of very popular book “Think Twice: Harnessing the Power of Counterintuition, about common investment mistakes, how to improve decision-making, and what investors can learn from the recent stock-market woes. They met last week in New York City.

Below is the video. The interview is over 20 minutes long. Enjoy!