The Psychology of Investing

7. Auflage 2022
ISBN: 978-0-367-74818-0
Verlag: Routledge

Buch, Englisch, 208 Seiten, Format (B × H): 178 mm x 254 mm, Gewicht: 405 g

While traditional finance focuses on the tools used to optimize return and minimize risk, this book shows how psychology can explain our decisions more than financial theory. Analyzing how investors behave in the real world, this is the first book of its kind to delve into the ways biases influence investment behavior, and how overcoming these biases can increase financial success.

Now in its seventh edition, this classic text features:

- An easy-to-understand structure, illustrating psychological biases as everyday behavior; analyzing their effect on investment decisions; and concluding with academic studies that show real-life investors making choices that hurt their wealth

- New content on fintech and cryptocurrencies, the role of social media in investing, generational biases, and the COVID-19 pandemic

- Experiential examples, chapter summaries, and end-of-chapter discussion questions to help readers test their practical understanding

- Online supplements comprising PowerPoint slides for both students and lecturers

Fully updated with the latest research in the field, The Psychology of Investing will prove fascinating and educational for advanced students in behavioral finance, investment and portfolio management classes, as well as investors and financial planners.

Zielgruppe

Postgraduate and Undergraduate

Autoren/Hrsg.

Nofsinger, John R.

Fachgebiete

• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaft: Sachbuch, Ratgeber
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere
• Sozialwissenschaften Psychologie Psychologische Disziplinen Angewandte Psychologie

Inhaltsverzeichnis

1. Psychology and Finance 2. Overconfidence 3. Pride and Regret 4. Risk Perceptions 5. Decision Frames 6. Mental Accounting 7. Forming Portfolios 8. Representativeness and Familiarity 9. Social Interaction and Investing 10. Emotion and Investment Decisions 11. Self-Control and Decision Making 12. The Physiology of Investing 13. The Meme Investors of 2021

Über Autor(innen)

John R. Nofsinger is the William H. Seward Endowed Chair in International Finance and Dean of the College of Business and Public Policy at the University of Alaska Anchorage, USA.