Summary of Latticework

The New Investing

Thomson Texere, more...

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Latticework book summary
Could Scientific American improve your investing more than BusinessWeek?


8 Overall

7 Applicability

10 Innovation

8 Style


Robert G. Hagstrom convincingly advances the thesis that successful investing, in the long term, is dependent upon cross-connecting ideas from the whole spectrum of human experience. Working with seminal concepts from physics, biology, the social sciences, psychology, philosophy and literature, Hagstrom has crafted a roadmap for those who wish to elevate their decision-making processes. highly recommends this illuminating book to anyone willing to devote the necessary time and energy to improving investment performance by embracing concepts from less familiar disciplines.

In this summary, you will learn

  • The basics of systems theory and how they apply to economics and investing
  • The concept of mental models, and how to build them and layer them to create an analytical latticework
  • How to apply these critical-thinking tools to the practice of investing


Munger’s Mental Models
Charlie Munger, Warren Buffett’s partner at Berkshire Hathaway, is one of the most free-spirited and original thinkers in the world of investing. He likes to talk about stock picking as a "subdivision of the art of worldly wisdom." He preaches broad vision, the awareness...
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About the Author

Robert G. Hagstrom’s first book, The Warren Buffett Way, sold more than 750,000 copies and spent 21 weeks on the New York Times bestseller list. He currently serves as Senior Vice President and Director for Legg Mason Focus Capital, a global financial services company. He lives with his family in Wayne, PA.

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