IN THIS SERIES

• 1. David Meerman-Scott
• 2. Sally Hogshead
• 3. Seth Godin
• 4. Daniel Pink
• 5. Chip and Dan Heath
• 6. Michael Mauboussin
• 7. Keith Ferrazzi
• 8. Greg Mortenson
• 9. Chris Brogan
• 10. Bishop T.D. Jakes

I had to dig a little to find any video of Michael J. Mauboussin speaking, and that’s a shame, because he does a good job of explaining some very complicated business subjects.  Mauboussin is Chief Investment Strategist at Legg Mason Capital Management and adjunct professor of finance at Columbia Business School.  I finally tracked him down talking in a spin-off interview at an Economist conference:  http://bit.ly/27fiVJ. 

Mauboussin’s latest book is Think Twice:  Harnessing the Power of Counterintuition (Harvard Business Press, 2009) and it’s all about the ways in which we fall into irrational mental traps as we try to think rationally about investing.  The book is brilliant, clear, and a must-read for anyone who wants to understand why most of us do our research, ponder the salient news and trends, and then end up buying high and selling low despite our best efforts.  His earlier book, More Than You Know:  Finding Financial Wisdom in Unconventional Places, took 50 insights from a variety of fields of interest and applied them to investing. 

If you want to understand better why your mental models are woefully inadequate to modern investing (or just about any other aspect of modern life) than read Think Twice or catch Mauboussin at one of those Economist conferences.  Your bank balance will thank you. 
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