Welcome back to the podcast. This is episode 9.

This episode really has very little to do with money or investing, but in some ways it has everything to do with money and investing.

And that's the little riddle that I want to unpack today. Many years ago, I got this fascinating email.

It was from Patrick O'Shaughnessy.

Many of you will know who he is.

He has a wonderful collection of podcasts himself.

And about a decade ago, he had a book club where he would do book reviews

book recommendations and he would email them out to his friends and his subscribers and I got an an email from Patrick. The subject line of the email was

the best investing books of 2013. And the first line of the email really took me it back and I loved it.

The first line of the email was, since it is better to read around your field, rather than in your field,

there are no investing books on this list. I just thought that was such a perfect

way to phrase an idea that I and many other people have long held, which is at most fields that you're studying are fields of behavior.

You're studying how people make decisions and how people summarize things like risk and greed and fear and

uncertainty and scarcity you're trying to figure out how those fields work and

since all those fields are about behavior there are so many things you can learn from one field that teaches you something

very important about another field.

Money and investing in finance fits so easily into this category.

And I've often believed that if you are only looking at money

and investing and finance through the lens

of finance or economics,

you're missing 90% of what is important out there.

And there are so many things you can learn about money if you are looking through the

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