The Little Book of Behavioral Investing How Not to Be Your Own Worst Enemy (Audible Audio Edition) James Montier Sean Pratt LLC Gildan Media Books
Download As PDF : The Little Book of Behavioral Investing How Not to Be Your Own Worst Enemy (Audible Audio Edition) James Montier Sean Pratt LLC Gildan Media Books
Little book, big profits....
Here is a detailed guide to overcoming the most frequently encountered psychological pitfalls of investing.
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.
In The Little Book of Behavioral Investing, expert James Montier, one of the world's foremost behavioral analysts, 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. This book
- Offers time-tested ways to identify and avoid the pitfalls of investor bias
- Discusses how to learn from our investment mistakes instead of repeating them
- Explores the behavioral principles that will allow you to maintain a successful investment portfolio
Written in a straightforward and accessible style, The Little Book of Behavioral Investing 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.
The Little Book of Behavioral Investing How Not to Be Your Own Worst Enemy (Audible Audio Edition) James Montier Sean Pratt LLC Gildan Media Books
Outstanding little book. I'm in the investment business and have appreciated more the psychology of the investor versus the pursuit of total return performance. I will provide a short corollary. A few weeks ago I had a prospective client visit my office for an interview. She and her husband were looking for a new advisor. My standard approach is to bring a blank writing tablet to these types of meetings and take a lot of notes. One thing I always want to know is the history of a person's experience with investing. The question rocked the lady to tears. Turns out her father had lost all the family money to an unscrupulous advisor and poor investments. Psychology, folks, is definitely a factor in developing a comprehensive investment strategy. As Will Rogers once said: It's not the return on my principal, but of my principal that matters. Read this book and learn.Product details
|
Tags : Amazon.com: The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy (Audible Audio Edition): James Montier, Sean Pratt, LLC Gildan Media: Books, ,James Montier, Sean Pratt, LLC Gildan Media,The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy,Gildan Media, LLC,B003L8L51Q
People also read other books :
- The Legacy Ambrosine (9781496029539) Noreen Harrison Books
- Tobacco or Health? Physiological and Social Damages Caused by Tobacco Smoking 9783540875765 Medicine & Health Science Books @
- Parenting Through Grief The Attunetion Approach Craig Pierce Ph.D., Jade Richardson Bock 9781497450264 Books
- The Perfect Husband A BWWM Romance Novel - edition by Mya Wood. Literature & Fiction eBooks @ .
- The Thirteenth Step Allison Franchi 9781495924088 Books
The Little Book of Behavioral Investing How Not to Be Your Own Worst Enemy (Audible Audio Edition) James Montier Sean Pratt LLC Gildan Media Books Reviews
Must read. Learn to look for majors factors that are simple and universal. This book tells you what to look for...
This book tells investors everything that they do wrong, when they'll do it, and why. It's the behavior, stupid!
Doesn't offer much by way of what to do about it. But if you'll recognize your own behavior (emotions) and pay attention to the herd, you can act accordingly.
Essential read.
In the beginning we encounter social experiments that support the standard notions that ordinary investors trade too frequently and should ignore most news and analysis. But beginning about half way through, contradictory social experiments are presented and the author draws the conclusion we should not be attached to existing positions and should be willing even to sell the whole portfolio and start over on any given day. I kept going to see if this conundrum would be resolved, but it was not. So I don't know what to take away from the book.
It’s average. Not super enjoyable.
Monitor does an excellent job of explaining why we make poor investment (and life) decisions. More importantly, he gives excellent advice on how to minimize the mistakes. He also explains why mutual fund managers behave the way they do and why the individual investor actual has,the advantage. Having averaged 14% per per year since I started investing in June of 1998, I will keep this book around to help focus on the process, so that the outcome will take care of itself in the long run.
This is the first book I have read about Behavioral Finance and I found it fascinating. In many pursuits people are often their own worst enemies and this book enlightens the reader on how easy it is to sabotage your own investment returns by simply doing what comes naturally. This book explains how it OK, in fact it is preferable to do nothing rather than giving in to the need to trade constantly. Most people buy high and sell low. This book gives you insight into how that happens and suggests ways to overcome such self destructive behavior.
Wonderful book describing all the cognitive biases and mistakes we humans are likely to make. Even when we know them it is difficult to avoid tripping over them often. This book does a great job of identifying them and providing evidence based studies of such cognitive biases. It is a great tool for any investor to understand the mistakes your gut will try to make you commit. I think any serious investor needs to know about this topic and understand how their own biases work and try to formulate strategies to avoid these investor pitfalls.
This was a good purchase and I wish I had bought it sooner. I will put it in my annual re-read list to keep it always fresh and top of mind.
Outstanding little book. I'm in the investment business and have appreciated more the psychology of the investor versus the pursuit of total return performance. I will provide a short corollary. A few weeks ago I had a prospective client visit my office for an interview. She and her husband were looking for a new advisor. My standard approach is to bring a blank writing tablet to these types of meetings and take a lot of notes. One thing I always want to know is the history of a person's experience with investing. The question rocked the lady to tears. Turns out her father had lost all the family money to an unscrupulous advisor and poor investments. Psychology, folks, is definitely a factor in developing a comprehensive investment strategy. As Will Rogers once said It's not the return on my principal, but of my principal that matters. Read this book and learn.
0 Response to "[OIR]≫ [PDF] Gratis The Little Book of Behavioral Investing How Not to Be Your Own Worst Enemy (Audible Audio Edition) James Montier Sean Pratt LLC Gildan Media Books"
Post a Comment