It is worth noting how you came to know these two guys. Michael i had written moneyball. Which was about the way in my mind that markets misvalue people, in this case baseball , players. There were cheap ones and expensive ones. My interest was of that. If Baseball Players can be misjudged, who cannot be . Question, whythe it happened. In a review after the book came out in the new republic, they said basically Michael Lewis has written a good story but he does not seem to understand there is a good source for all of this stuff. There are two israeli psychologists that did work on the biases, the Cognitive Biases of the human mind that lead to things like Baseball Players and political candidates being misjudged and doctors misdiagnosing diseases. Charlie and most important how the mind works. Michael these two guys are named Daniel Kahneman and amos tversky. I read some of that stuff. I was embarrassed i had not heard of them. Daniel kahneman had just won thw nobel prize for economics
A look at why Albert Einstein was disregarded by many of his colleagues later in life. Thats just a if of the program a few of the programs youll see this weekend. For a complete television schedule, booktv. Org. Booktv, 72 hours of nonfiction books and authors this holiday weekend. Television for serious readers. Now, we kick off the weekend with best selling author Michael Lewis on his latest book on the creation of behavioral economics. The undoing projects. [inaudible conversations] hello, everyone. Hello, everyone. Good evening and welcome to this latest in conversation with event. My name is m be er mervyn king, and my guest is quite simply the most successful Nonfiction Author in the world, Michael Lewis. Of his 13 titles, every single one has been a bestseller. His latest book, the undoing project, is published this week. Please give a warm welcome to Michael Lewis. [applause]. Thank you. Is this on . All right. Splendid. Michael, lets this is pointed out to me . Its subliminal
Officer in the world. Michael lewis. Increasing the wine has been a best seller. And to be published this week please give a warm welcome to michael lewis. [applause] this is our you achieve superiority. Youve event to College Professors the book never starts i want to write a book about this. Witht and was about baseball. And they lack resources. And those that existed. And let those socalledac experts in it was just better of those systematic mistakes but what they were using so now the book comes out best i same not to know there were these two israeli psychologist with us to israeli psychologist showing us systematic bias. R at the has day graduate student i was not the most distinguished. But didnt we have day long history . I am not bait to get into t a. But i filed it away. Even though he was a psychologist that i add a Drinking Buddy who is a psychologist. Very well known. That i didnt get the storymain if the nobel prizewinners were approachable. But this was a crisis of confi
Officer in the world. Michael lewis. Increasing the wine has been a best seller. And to be published this week please give a warm welcome to michael lewis. [applause] this is our you achieve superiority. Youve event to College Professors the book never starts i want to write a book about this. Witht and was about baseball. And they lack resources. And those that existed. And let those socalledac experts in it was just better of those systematic mistakes but what they were using so now the book comes out best i same not to know there were these two israeli psychologist with us to israeli psychologist showing us systematic bias. R at the has day graduate student i was not the most distinguished. But didnt we have day long history . I am not bait to get into t a. But i filed it away. Even though he was a psychologist that i add a Drinking Buddy who is a psychologist. Very well known. That i didnt get the storymain if the nobel prizewinners were approachable. But this was a crisis of confi
Lead to things like Baseball Players being misjudged and political candidates being misjudged and doctors misdiagnosing diseases. Rose Michael Lewis for the hour, next. Rose funding for charlie rose has been provided by the following and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose Michael Lewis is here. His books have sold more than nine million copies. Three have been adapted into successful feature films. His new book is called the undoing project. It tells the story of two israeli psychologists, amos tversky and Daniel Kahneman and their groundbreaking work uncovering the human biases of the human mind. New york times says the book combines law electual rigor with complex portraiture. Hes written a hell of a love story and a tragic one at that. Im pleased to have Michael Lewis back at this table, welcome. Thanks. Rose its worth noting how you