Psychology of Investing (3rd Edition)
| Author | : | |
| Rating | : | 4.16 (934 Votes) |
| Asin | : | 0132302349 |
| Format Type | : | paperback |
| Number of Pages | : | 128 Pages |
| Publish Date | : | 2013-05-03 |
| Language | : | English |
DESCRIPTION:
Chapter topics include overconfidence, fear of regret and seeking pride, considering the past, mental accounting, forming portfolios, representativeness and familiarity, social interaction and investing, mood and investing, and self control and decision making. anyone who wants to invest (either professionally or personally), as well as portfolio managers, fund managers, pension managers, financial advisers, brokers, financial planners, traders, financial analysts, and CPAs.. Its unique coverage describes how investors actually behave, the reasons and causes of that behavior, why the behavior hurts their wealth, and what they can do about it. This book is the first of its kind to delve into the fascinating and important subject of the psychology affecting investments
Understanding the motivations behind this behavior is extremely important when applying these financial tools. From the Back Cover Traditional finance has focused on developing the tools that investors use to optimize expected return and risk. This is the first text of its kind to delve into the fascinating and important subject of the psychology affecting investments!Includes coverage of:Behavioral knowledge—Draws from psychology, management, marketing, economics, and finance.Students can easily understand the relevance, use, and importance of the material presented across different business disciplines.Examples of psych
"Five Stars" according to Corey Richard. Bien muy bien. Anita said Good summary of how behavior affects investing decisions. This book contains a good summary of the different ways in which what we think affects investing decisions we make. I liked the fact that the book is short and to the point and does not use psychological jargon. I found it quite insightful and could identify with several of the traits and thought processes t. Great Book Most of the typical psychology of trading books just regurgitate the same 'ol same 'ol. This one hits all the bases with examples to back them up - and no fluff. I really appreciated how everything was condensed and to the point without having to read a lengthy discourse on each topic. That made it easy to d