The little book of behavioral investing: how not to be your own worst enemy

In The Little Book of Behavioral Investing, behavioral expert James Montier takes readers through some of the most important behavioral challenges faced byinvestors today, offering time-tested ways to identify and avoid the pitfallsof investor bias. Montier will take readers through the most commonly encountered psychological barriers, clearly showing how emotion, overconfidence and amultitude of other behavioral traits, can affect investment decision making. Crucially James gives a set of easy principles to overcome these pitfalls. Thebook will enable investors to identify and eliminate their behavioral traits and go on to make superior returns, and fewer losses. Table of contents Foreword by Nassim Nicholas Taleb Introduction This is a book about you - How likelyare you to make mental mistakes? Emotions and empathy gaps - Why we cant predict how we will act Overoptimism and Overconfidence (Always look on the brightside of life) Confirmatory bias - Looking for the information that agrees with you Dangers of Stories Learning from mistakes - Why do we keep repeating thesame errors Loss aversion - How we handle losses Anchoring - The impact of the irrelevant Action bias - Why we find the need to do something Knowledge doesnt equal behavior Endorsements from: Bruce Greenwald, Hersh Shefrin, Jason Zweig, Robb Arnott, Bill Hurt, Michael Maboussin.

• ISBN: 978-0-470-68602-7
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 256
• Fecha Publicación: 22/01/2010
• Nº Volúmenes: 1
• Idioma: Inglés