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Investing Psychology, + Website

Investing Psychology, + Website

The Effects of Behavioral Finance on Investment Choice and Bias

by Tim Richards
Hardback
Publication Date: 30/05/2014

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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.
ISBN:
9781118722190
9781118722190
Category:
Investment & securities
Format:
Hardback
Publication Date:
30-05-2014
Language:
English
Publisher:
John Wiley & Sons Inc
Country of origin:
United States
Pages:
256
Dimensions (mm):
229x152x25mm
Weight:
0.45kg
Tim Richards

Tim Richards is a freelance travel writer whose work has appeared in publications around the world, including Lonely Planet's guidebooks. He fell into travel writing after living and teaching in Egypt and Poland, and is especially drawn to the former communist countries of Central and Eastern Europe. He's a light-packing obsessive, and loves chasing down a story with a historical angle. He lives in Melbourne's lively central business district with his novelist wife, Narrelle M. Harris.

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