Richards Investing Psychology

The Effects of Behavioral Finance on Investment Choice and Bias
1. Auflage 2014
ISBN: 978-1-118-72250-3
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 256 Seiten, E-Book

Reihe: Wiley Finance Editions

Discover how to remove behavioral bias from your investment decisions
For many financial professionals and individual investors, behavioral bias is the largest single factor behind poor investment decisions. The same instincts that our brains employ to keep us alive all too often work against us in the world of finance and investments.
Investing Psychology + Website explores several different types of behavioral bias, which pulls back the curtain on any illusions you have about yourself and your investing abilities. This practical investment guide explains that conventional financial wisdom is often nothing more than myth, and provides a detailed roadmap for overcoming behavioral bias.
* Offers an overview of how our brain perceives realities of the financial world at large and how human nature impacts even our most basic financial decisions
* Explores several different types of behavioral bias, which pulls back the curtain on any illusions you have about yourself and your investing abilities
* Provides real-world advice, including: Don't compete with institutions, always track your results, and don't trade when you're emotional, tired, or hungry
Investing Psychology is a unique book that shows readers how to dig deeper and persistently question everything in the financial world around them, including the incorrect investment decisions that human nature all too often compels us to make.

Autoren/Hrsg.

Richards, Tim

Über Autor(innen)

TIM RICHARDS is the creator of the Psy-Fi Blog(www.psyfitec.com), a unique website dedicated to analyzing,explaining, and integrating the vast body of research on the impactof psychology in finance. As a uniquely focused resource forbehavioral investing, the website attracts as many as 25,000 uniquevisits a month and is regularly featured in the largest informationaggregators and websites in the financial industry.