Home Tim Ferriss Episode
Tim Ferriss · 2023-03-05

Michael Mauboussin — How Great Investors Make Decisions | The Tim Ferriss Podcast

Michael Mauboussin — How Great Investors Make Decisions | The Tim Ferriss Podcast

Recommended on this episode

BookRecommendedISBN verified

Creating Shareholder Value

Alfred Rappaport

“I read that book and you know like the light bulbs all went off for me personally and I very much connected with that whole way of thinking about things”
“Guy in my training program gave me a copy of Al Rapaort's book called Creating Shoulder Value which was published in 1986.”— Michael Mauboussin
BookRecommendedISBN verified

The Wisdom of Crowds

James Surowiecki

“Jim Swiggy's great book the wisdom of crowds”
“using some of the language from Jim Swiggy's great book the wisdom of crowds which came out probably in 2004 2005”— Michael Mauboussin
BookRecommended

The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies

Scott E. Page

“the reason I like Scott's work so much is that it's not about handwaving or feeling good. It's actually mathematical”
“Scott's written a number of great books. The difference is his big book on this.”— Michael Mauboussin
BookRecommendedISBN verified

The Diversity Bonus

Scott E. Page

“the reason I like Scott's work so much is that it's not about handwaving or feeling good. It's actually mathematical”
“And he wrote a smaller book called The Diversity Bonus, which is, you know, shorter treatment of the same topic.”— Michael Mauboussin
BookRecommendedISBN verified

Against the Gods: The Remarkable Story of Risk

Peter Bernstein

“if anybody's interested in the idea of how we understand risk... It's a fabulous book”
“against the gods is written by Peter Bernstein who was a brilliant economist and historian and it is the history of human understanding of risk”— Michael Mauboussin
BookRecommendedISBN verified

Capital Ideas

Peter Bernstein

“So Peter Bernstein that is money”
“He also wrote a book called capital ideas which basically does the same thing for the history of finance. So Peter Bernstein that is money”— Michael Mauboussin
BookRecommendedISBN verified

Bionomics: Economy as Ecosystem

Michael Rothschild

“I've read this book bionomics and I'm like this is like so cool”
“I picked up a book called Bionomics by a guy named Michael Rothschild... this book was written I think originally in 1990”— Michael Mauboussin
BookRecommendedISBN verified

More Heat Than Light: Economics as Social Physics

Philip Mirowski

“there's a wonderful book called more heat than light”
“there's a wonderful book called more heat than light by a professor named Phil Morowski which documents how econ economists literally... mapped over equations from Newtonian physics”— Michael Mauboussin
BookRecommended

Complexity: The Emerging Science at the Edge of Order and Chaos

M. Mitchell Waldrop

“why this book is so I think still to this day kind of exhilarating”
“The other is Complexity by Mitchell Waldrip, if I'm getting that pronunciation right.”— Tim Ferriss
MediaRecommended

Invest Like the Best (podcast)

Patrick O'Shaughnessy

“I recommend people check out Patrick's podcast”
“Patrick Oshanosy. So... Also, great podcaster. I recommend people check out Patrick's podcast.”— Tim Ferriss
BookRecommendedISBN verified

Behave: The Biology of Humans at Our Best and Worst

Robert Sapolsky

“probably the best book I've ever read on human nature. It's not an easy read, but it's very well written and very interesting”
“he wrote a book called Behave in 2017, which is, I would say, probably the best book I've ever read on human nature.”— Michael Mauboussin
BookRecommendedISBN verified

Why Zebras Don't Get Ulcers

Robert Sapolsky

“it's a wonderful title and it's a wonderful book about the idea of stress”
“he wrote a book called Why Zebras Don't Get Ulcers in the mid 1990s, which is it's a wonderful title and it's a wonderful book about the idea of stress.”— Michael Mauboussin
BookRecommendedISBN verified

The Art of Learning

Josh Waitzkin

“the art of learning is fabulous. I'm a huge fan”
“By the way, the art of learning is fabulous. I'm a huge fan.”— Michael Mauboussin
BookRecommendedISBN verified

Draft No. 4: On the Writing Process

John McPhee

“it's so on some level it's like brilliant”
“I read draft number four last year and I was just like it's so on some level it's like brilliant”— Michael Mauboussin
BookRecommendedISBN verified

The Nurture Assumption: Why Children Turn Out the Way They Do

Judith Rich Harris

“the one thing that I found to be really interesting and to some degree liberating is the work of Judith Rich Harris”
“the work of Judith Rich Harris... her first book is called the nurture assumption”— Michael Mauboussin
BookRecommendedISBN verified

Parent Effectiveness Training

Thomas Gordon (inferred)

“I always like this book called Parent Effectiveness Training PET. I mean, what I liked about it”
“I always like this book called Parent Effectiveness Training PET. I mean, what I liked about it was...”— Michael Mauboussin
BookRecommendedISBN verified

Complexity: A Guided Tour

Melanie Mitchell

“every thinking person certainly scientifically literate person if you can grasp the ideas in Melanie Mitchell's book complexity that would be a great start”
“There's a book by Melanie Mitchell who is now uh resident faculty at the Santa Fe Institute called Complexity a guided tour”— Michael Mauboussin
BookRecommendedISBN verified

Superforecasting: The Art and Science of Prediction

Philip Tetlock and Dan Gardner

“There's just a quote which I love and I find myself repeating it often”
“there's a quote from Phil Tutlock's book, Phil and Dan Gardner, Super Forecasting. There's just a quote which I love and I find myself repeating it often”— Michael Mauboussin
BookRecommendedISBN verified

Psychology of Intelligence Analysis

Richards J. Heuer Jr.

“there's a there's a really interesting book called The Psychology of Intelligence Analysis... I always love this too”
“there's a really interesting book called The Psychology of Intelligence Analysis... by Richard's Huer.”— Michael Mauboussin

The guest's own work

BookBy the guestISBN verified

The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing

Michael Mauboussin

“Michael is the author of many books including the success equation subtitle untangling skill and luck in business sports and investing”— Tim Ferriss
BookBy the guest

Think Twice: Harnessing the Power of Counterintuition

Michael Mauboussin

“think twice harnessing the power of counterintuition which I've mentioned several times on this podcast”— Tim Ferriss
BookBy the guestISBN verified

More Than You Know: Finding Financial Wisdom in Unconventional Places

Michael Mauboussin

“more than you know finding financial wisdom in unconventional places more than you know was named one of the 100 best business books of all time”— Tim Ferriss
BookBy the guestISBN verified

Expectations Investing: Reading Stock Prices for Better Returns

Michael Mauboussin and Alfred Rappaport

“Michael is also Alo co-author with Alfred Rapaort of expectations investing reading stock prices for better returns.”— Tim Ferriss
BookBy the guestISBN verified

The 4-Hour Body

Tim Ferriss

“I recommended it long ago in my 2010 number one New York Times bestseller, The 4-Hour Body, and I did not get paid to do so.”— Tim Ferriss
BookBy the guestISBN verified

Expectations Investing (Revised Edition)

Michael Mauboussin and Alfred Rappaport

“we did another version of it 20 years later and that came out in the fall of 2021. So expectations revised”— Michael Mauboussin

Also referenced (named, not recommended)

BookReferencedISBN verified

Consilience: The Unity of Knowledge

E.O. Wilson

“I was very taken in the late 1990s by a book called Consilience by Eo Wilson”— Michael Mauboussin
MediaReferenced

The Jelly Bean Jar and Market Efficiency

Jack Treynor (inferred)

“the article was called this from the late 1980s. I think it was called the jelly bean jar and market efficiency. It's a short little article”— Michael Mauboussin
MediaReferenced

20th Year Tribute Video (Michael Mauboussin)

“when I was watching your 20th year tribute video which included many of your students and there was a jelly bean guessing exercise”— Tim Ferriss
BookReferencedISBN verified

Determined: A Science of Life Without Free Will

Robert Sapolsky

“He has a book coming out later this year, I believe, on the topic of free will.”— Michael Mauboussin
BookReferenced

Moneyball: The Art of Winning an Unfair Game

Michael Lewis

“a great cover quote from Billy Bean, the general manager of the Oaks... who was profiled and highlighted in Moneyball.”— Tim Ferriss
MediaReferenced

Performing a Project Premortem (HBR article)

Gary Klein

“it's developed by a psychologist named Gary Klein... He wrote an HBR article, Harvard Business Review article about this specifically that'll allow you to track this down.”— Michael Mauboussin
BookReferencedISBN verified

Expert Political Judgment: How Good Is It? How Can We Know?

Philip Tetlock

“Phil Tetlock's the first book I read of his was in the mid I think 2006 2007 called expert political judgment”— Michael Mauboussin
BookReferencedISBN verified

No Two Alike: Human Nature and Human Individuality

Judith Rich Harris

“then I think she wrote a second book called No to Alike.”— Michael Mauboussin
BookReferencedISBN verified

Fooled by Randomness

Nassim Nicholas Taleb

“Nasim Talab wrote a book called a fool by randomness in 2001.”— Michael Mauboussin