Morgan Housel

Investing is more than just the study of finance. It’s ultimately the study of human behavior and how people react under pressure and with limited information. There are many lessons from diverse fields that can teach us valuable investing takeaways, such as how the War on Cancer focuses on complicated treatments with low chance of success while discounting simple prevention that can make a massive difference. The best investors in the world integrate knowledge from many different fields, including psychology, sociology, history, biology and physics. Morgan Housel shares four lessons from different fields to help make you a better investor.