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Amazon.co.uk Review
Latticework explains the investment world term of the same name which represents the highly diversified but intimately related body of knowledge that Berkshire Hathaway vice-chairman Charlie Munger has called upon to build the phenomenally successful holding company he runs with the legendary Warren Buffett. In the book, investment professional Robert G Hagstrom--who previously authored The Warren Buffett Way--elaborates on this broad-based approach and presents some essential theories of physics, biology, social science, psychology, philosophy and literature that can help readers achieve a similar grounding. "Investment decisions are more likely to be correct when ideas from other disciplines lead to the same conclusion", he writes. "Those who strive to understand [these] connections are well on the way to worldly wisdom. This makes us not only better investors but better leaders, better citizens, better parents, spouses and friends". Once absorbed, Hagstrom contends, the fundamentals of these six subjects allow finance and investing to be considered as they should: "as a unified whole". He explains how the rule of supply and demand is like the point of equilibrium in physics, for instance, and the law of economic selection is akin to a biologist's view of evolution. These and other provocative theses are presented throughout in a consistently clear, thoroughly convincing and wholly captivating manner. --Howard Rothman
Wall Street Journal - Praise for Hagstrom's previous book The Warren Buffet Way
An extraordinarily useful account of the methods of an investor held by many to be the world's greatest.
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