{"title":"Michael J. Mauboussin","description":"\u003cp\u003eMichael J. Mauboussin’s works explore the intersection of finance, decision-making, and behavioural science. His books offer keen insights into investment strategies, rational thinking, and the forces that drive market success. Readers can expect thoughtful analysis on how to navigate uncertainty and improve their financial judgement.\u003c\/p\u003e\n\n\u003cp\u003eWith a clear and engaging style, Mauboussin blends concepts from economics, psychology, and business to challenge conventional wisdom. His titles encourage readers to think critically and adopt smarter approaches in investing and personal development.\u003c\/p\u003e","products":[{"product_id":"think-twice-2","title":"Think Twice","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eIn \u003cem\u003eThink Twice\u003c\/em\u003e, a groundbreaking work by leading financial strategist Michael J. Mauboussin, readers are given a deep dive into the hidden mechanisms of decision-making. By uncovering the familiar cognitive traps that often plague our judgment, Mauboussin equips us with the knowledge to approach complex problems more effectively. This compelling paperback edition is designed for anyone looking to sharpen their decision-making skills and navigate life's myriad challenges with greater acumen.\u003c\/p\u003e\n\n\u003cp\u003eMauboussin delves into the psychology behind our mental shortcuts, revealing how our brains are wired to favour simplicity over complexity. He explains that while these mechanisms might be efficient for trivial matters, they often fail when faced with significant and multifaceted decisions. The book elucidates how we can misinterpret cause-and-effect relationships, overlook critical alternative scenarios, and place undue faith in expert opinions, leading to flawed conclusions.\u003c\/p\u003e\n\n\u003cp\u003eWith clear, real-world examples and insightful analysis, \u003cem\u003eThink Twice\u003c\/em\u003e offers practical strategies to counteract these cognitive biases. By encouraging readers to ask probing questions, consider diverse perspectives, and remain sceptical about seemingly definitive advice, Mauboussin teaches us to make more informed and thoughtful decisions.\u003c\/p\u003e\n\n\u003cp\u003eThis engaging narrative is not just for finance professionals or academics but is equally accessible to anyone keen on improving their critical thinking abilities. Whether you're navigating career choices, investment opportunities, or personal dilemmas, \u003cem\u003eThink Twice\u003c\/em\u003e serves as a vital guide to making smarter, more rational decisions in an increasingly complex world.\u003c\/p\u003e\n\n\u003cp\u003ePrepare to transform the way you think and make decisions by understanding the hidden patterns of thought that cloud your judgment. \u003cem\u003eThink Twice\u003c\/em\u003e is a must-read for those aspiring to achieve clarity and precision in their decision-making processes.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Hachette New Zealand Ltd","offers":[{"title":"Default Title","offer_id":45714435637484,"sku":"9781422187388","price":70.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9781422187388.jpg?v=1726007631"},{"product_id":"the-success-equation-by-michael-j-mauboussin-9781422184233","title":"The Success Equation","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eWhat role, exactly, do skill and luck play in our successes and failures? Some games, like roulette and the lottery, are pure luck. Others, like chess, exist at the other end of the spectrum, relying almost wholly on the skill of the players. But in every other domain—from business, to investing, to sports—skill and luck seem almost hopelessly entangled.\u003c\/p\u003e\n\n\u003cp\u003eIn his provocative new book, \u003cem\u003eThe Success Equation\u003c\/em\u003e, Michael Mauboussin untangles the intricate strands of skill and luck, defines them, and provides useful frameworks for analysing their relative contributions. He offers concrete suggestions for how to put these insights to work to your advantage in business and other dimensions of life.\u003c\/p\u003e\n\n\u003cp\u003eAmong the insights that Mauboussin reveals:\u003c\/p\u003e\n\u003cul\u003e\n    \u003cli\u003eWhen your skill is greatest in different domains (the \"arc of skill\")\u003c\/li\u003e\n    \u003cli\u003eWhy you want to increase randomness when you're the underdog\u003c\/li\u003e\n    \u003cli\u003eWhy understanding reversion to the mean is crucial\u003c\/li\u003e\n    \u003cli\u003eHow to find the right statistic\u003c\/li\u003e\n    \u003cli\u003eWhy social ties can greatly increase a product's chances for success\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003eShowcasing Mauboussin's trademark wit, insightfulness, and analytical mind, \u003cem\u003eThe Success Equation\u003c\/em\u003e is a must-read for anyone seeking to make better decisions—in business and in life.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Hachette Aotearoa New Zealand","offers":[{"title":"Default Title","offer_id":46723906633964,"sku":"9781422184233","price":83.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9781422184233.jpg?v=1754699970"},{"product_id":"more-than-you-know-by-michael-j-mauboussin-9780231143738","title":"More Than You Know","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eSince its first publication, Michael J. Mauboussin's popular guide to wise investing has been translated into eight languages and has been named best business book by BusinessWeek and best economics book by Strategy+Business. Now updated to reflect current research and expanded to include new chapters on investment philosophy, psychology, and strategy and science as they pertain to money management, this volume is more than ever the best chance to know more than the average investor.\u003c\/p\u003e\n\n\u003cp\u003eOffering invaluable tools to better understand the concepts of choice and risk, \u003cem\u003eMore Than You Know\u003c\/em\u003e is a unique blend of practical advice and sound theory, sampling from a wide variety of sources and disciplines. Mauboussin builds on the ideas of visionaries, including Warren Buffett and E. O. Wilson, but also finds wisdom in a broad and deep range of fields, such as casino gambling, horse racing, psychology, and evolutionary biology.\u003c\/p\u003e\n\n\u003cp\u003eHe analyzes the strategies of poker experts David Sklansky and Puggy Pearson and pinpoints parallels between mate selection in guppies and stock market booms. For this edition, Mauboussin includes fresh thoughts on human cognition, management assessment, game theory, the role of intuition, and the mechanisms driving the market's mood swings, and explains what these topics tell us about smart investing.\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eMore Than You Know\u003c\/em\u003e is written with the professional investor in mind but extends far beyond the world of economics and finance. Mauboussin groups his essays into four parts—Investment Philosophy, Psychology of Investing, Innovation and Competitive Strategy, and Science and Complexity Theory—and he includes substantial references for further reading. A true eye-opener, \u003cem\u003eMore Than You Know\u003c\/em\u003e shows how a multidisciplinary approach that pays close attention to process and the psychology of decision making offers the best chance for long-term financial results.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47000686625004,"sku":"9780231143738","price":47.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/7494083482270.jpg?v=1763297110"},{"product_id":"expectations-investing-by-michael-j-mauboussin-9780231203043","title":"Expectations Investing","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eMost investment books try to assess the attractiveness of a stock price by estimating the value of the company. \u003cem\u003eExpectations Investing\u003c\/em\u003e provides a powerful and insightful alternative to identifying gaps between price and value.\u003c\/p\u003e\n\n\u003cp\u003eMichael J. Mauboussin and Alfred Rappaport suggest that an investor start with a known quantity, the stock price, and ask what it implies for future financial results. After showing how to read expectations, Mauboussin and Rappaport provide a guide to rigorous strategic and financial analysis to help investors assess the likelihood of revisions to these expectations. Their framework traces value creation from the triggers that shape a company's performance to the impact on the value drivers. This allows a practitioner of expectations investing to determine whether a stock is an attractive buy or sell candidate.\u003c\/p\u003e\n\n\u003cp\u003eInvestors who read this book will be able to evaluate stocks of companies in any sector or geography more effectively than those who use the standard approaches of most investors. Managers can use the book's principles to devise, adjust, and communicate their company's strategy in light of shareholder expectations.\u003c\/p\u003e\n\n\u003cp\u003eThis revised and updated edition reflects the many changes in accounting and the business landscape since the book was first published and provides a wealth of new examples and case studies.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47424102826220,"sku":"9780231203043","price":52.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780231203043.jpg?v=1774769139"},{"product_id":"the-investing-mind-by-michael-j-mauboussin-9781804094433","title":"The Investing Mind","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eWhat separates the good investors from the great ones?\u003c\/p\u003e\n\n\u003cp\u003eIn \u003cem\u003eThe Investing Mind\u003c\/em\u003e, Michael J. Mauboussin, a renowned teacher, strategist, and speaker, draws on over forty years of experience to answer this question.\u003c\/p\u003e\n\n\u003cp\u003eFrom the 1987 market crash to the dot-com bubble and the global financial crisis, Mauboussin has navigated the ever-evolving landscape of investment both as a Wall Street analyst and a professor at Columbia Business School. Despite dramatic changes in markets, he argues that the principles and processes required for success in investing remain remarkably consistent over time.\u003c\/p\u003e\n\n\u003cp\u003eBlending personal experiences, market history, and analytical insight, Mauboussin reveals the ten essential qualities that distinguish exceptional investors. The book explores:\u003c\/p\u003e\n\n\u003cul\u003e\n\u003cli\u003eWhen to embrace technology - and when to trust human judgment\u003c\/li\u003e\n\u003cli\u003eHow cognitive biases can sabotage decision-making - and how to identify and avoid them\u003c\/li\u003e\n\u003cli\u003eWhy reading broadly is the key to success and methods to maximise its benefits\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003eBut more than simply providing a compilation of advice, Mauboussin leverages decades of research and one-on-one conversations with luminaries at institutions ranging from Stanford and MIT to the Santa Fe Institute and from Harvard to the great universities of Europe and the world. Armed with this deep learning, he delves into the recesses of the mind to uncover ways of thinking, learning, and maintaining a razor-sharp intelligence that can build a lifelong foundation for ongoing success in all pursuits.\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eThe Investing Mind\u003c\/em\u003e is not about chasing market trends or quick wins. It's about building the judgment, discipline, and qualities to achieve lasting success in an ever-evolving world.\u003c\/p\u003e\n\n\u003cp\u003eWhether you're a professional investor, an aspiring analyst, or a curious thinker, this book offers a road map to learn and adopt the winning habits behind the success of the world's greatest investors.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Macmillan Publishers New Zealand Ltd","offers":[{"title":"Default Title","offer_id":67598839546092,"sku":"9781804094433","price":50.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9781804094433-the-investing-mind-1.jpg?v=1790724976"}],"url":"https:\/\/bookhero.pro\/collections\/michael-j-mauboussin.oembed","provider":"Book Hero","version":"1.0","type":"link"}