The Little Book of Behavioral Investing

1,764.00

How not to be your own worst enemy

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ISBN: 9780470686027 Category:

<b>A detailed guide to overcoming the most frequently encountered psychological pitfalls of investing</b> <p>Bias, emotion, and overconfidence are just three of the many behavioral traits that can lead investors to lose money or achieve lower returns. Behavioral finance, which recognizes that there is a psychological element to all investor decision-making, can help you overcome this obstacle.</p> <p>In <i>The Little Book of Behavioral Investing</i>, expert James Montier takes you through some of the most important behavioral challenges faced by investors. Montier reveals the most common psychological barriers, clearly showing how emotion, overconfidence, and a multitude of other behavioral traits, can affect investment decision-making.</p> <ul> <li>Offers time-tested ways to identify and avoid the pitfalls of investor bias</li> <li>Author James Montier is one of the world’s foremost behavioral analysts</li> <li>Discusses how to learn from our investment mistakes instead of repeating them</li> <li>Explores the behavioral principles that will allow you to maintain a successful investment portfolio</li> </ul> <p>Written in a straightforward and accessible style, <i>The Little Book of Behavioral Investing</i> will enable you to identify and eliminate behavioral traits that can hinder your investment endeavors and show you how to go about achieving superior returns in the process.</p> <p><b>Praise for <i>The Little Book Of Behavioral Investing</i></b></p> <p>”<i>The Little Book of Behavioral Investing</i> is an important book for anyone who is interested in understanding the ways that human nature and financial markets interact.”<br /> —<b>Dan Ariely, James B. Duke Professor of Behavioral Economics, Duke University, and author of Predictably Irrational</b></p> <p>”In investing, success means¿being on the right side of most trades. No book provides a better starting point toward that goal than this one.”<br /> —<b>Bruce Greenwald, Robert Heilbrunn Professor of Finance and Asset Management, Columbia Business School</b></p> <p>”‘Know thyself.’ Overcoming human instinct is key to becoming a better investor.¿ You would be irrational if you did not read this book.”<br /> —<b>Edward Bonham-Carter, Chief Executive and Chief Investment Officer, Jupiter Asset Management</b></p> <p>”There is not an investor anywhere who wouldn’t profit from reading this book.”<br /> —<b>Jeff Hochman, Director of Technical Strategy, Fidelity Investment Services Limited</b></p> <p>”James Montier gives us a very accessible version of why we as investors are so predictably irrational, and a guide to help us channel our ‘Inner Spock’ to make better investment decisions. Bravo!”<br /> —<b>John Mauldin, President, Millennium Wave Investments</b></p>