Book : The Little Book Of Behavioral Investing How Not To Be

-Titulo Original : The Little Book Of Behavioral Investing How Not To Be Your Own Worst Enemy

-Fabricante :

Wiley

-Descripcion Original:

About the Author James Montier is a member of GMOs asset allocation team. Prior to that, he was the co-Head of Global Strategy at Societe Generale and has been the top-rated strategist in the annual Thomson Extel survey for most of the last decade. Montier is the author of three market-leading books, Behavioral Finance: Insights into Irrational Minds and Markets, Behavioral Investing: A Practitioners Guide to Applying Behavioral Finance, and Value Investing: Tools and Techniques for Intelligent Investment. He is a Visiting Fellow at the University of Durham and a Fellow of the Royal Society of Arts. Montier has been described as a maverick, an iconoclast, and an enfant terrible by the press. A detailed guide to overcoming the most frequently encountered psychological pitfalls of investingBias, 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 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.Offers time-tested ways to identify and avoid the pitfalls of investor biasAuthor James Montier is one of the worlds foremost behavioral analystsDiscusses how to learn from our investment mistakes instead of repeating themExplores the behavioral principles that will allow you to maintain a successful investment portfolioWritten 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.Praise for The Little Book Of Behavioral InvestingThe Little Book of Behavioral Investing is an important book for anyone who is interested in understanding the ways that human nature and financial markets interact. -Dan Ariely, James B. Duke Professor of Behavioral Economics, Duke University, and author of Predictably IrrationalIn investing, success means¿being on the right side of most trades. No book provides a better starting point toward that goal than this one. -Bruce Greenwald, Robert Heilbrunn Professor of Finance and Asset Management, Columbia Business SchoolKnow thyself. Overcoming human instinct is key to becoming a better investor.¿ You would be irrational if you did not read this book. -Edward Bonham-Carter, Chief Executive and Chief Investment Officer, Jupiter Asset ManagementThere is not an investor anywhere who wouldnt profit from reading this book. -Jeff Hochman, Director of Technical Strategy, Fidelity Investment Services LimitedJames 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! -John Mauldin, President, Millennium Wave Investments From the Inside Flap Ben Graham, the father of value investing, once said: The investors chief problem-and even his worst enemy-is likely to be himself. Sadly, Grahams words are still true today. Bias, emotion, and overconfidence are just three of the many behavioral traits that can lead investors to lose money or achieve lower returns. Fortunately, behavioral finance, which recognizes that there is a psychological element to all investor decision making, is now firmly embedded in the mainstream of finance. Applying behavioral principles to an investment portfolio can help investors avoid some of the mental pitfalls that so often cost them, and financial institutions, billions.In The Little Book of Behavioral