Michael Mauboussin: Finding Financial Wisdom in Unconventional Places

Michael MauboussinDarien Library Meet the Author: Michael Mauboussin (CC BY-ND 2.0) via Flickr

Michael Mauboussin is considered an expert in the field of behavioral finance and has some famous books on the topic including, Think Twice: Harnessing the Power of Counterintuition and More More Than You Know: Finding Financial Wisdom in Unconventional Places.

Because most occupations encourage a degree of specialization, most of us end up with pretty narrow slices of knowledge. For example, many economists base their models on rational investors or normal distributions without looking at how the world really works. The core premise of this talk is simple to state but devilishly difficult to live: you will be a better investor, parent, friend—person—if you approach problems from a multidisciplinary perspective. Mauboussin will discuss how lessons from Babe Ruth, Tupperware parties, the Wright Brothers, and ant colonies can make you a better decision maker.

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