Daniel Crosby
The laws of wealth : psychology and the secret to investing success - Hampshire, Great Britain : Harriman House, 2016. - xx, 279 pages : illustrations ; 23 cm
Part one. The rules of behavioral self-management --
Part two. Behavioral asset management --
Epilogue. Behavioral investing in a world gone mad.
Daniel Crosby offers an accessible and applied take on a discipline that has long tended toward theory at the expense of the practical. Readers are treated to real, actionable guidance as the promise of behavioral finance is realised and practical applications for everyday investors are delivered. Crosby presents a framework of timeless principles for managing your behavior and your investing process. He begins by outlining ten rules that are the hallmarks of good investor behavior, including 'Forecasting is for Weathermen' and 'If You're Excited, It's Probably a Bad Idea'. He then goes on to introduce a unique new taxonomy of behavioral investment risk that will enable investors and academics alike to understand behavioral risk in a newly coherent and complete way. From here, attention turns to the four ways in which behavioral risk can be combatted and the five equity selection methods investors should harness to take advantage of behaviorally-induced opportunities in the stock market.
IN ENGLISH
9780857195241
Investments--Psychological aspects.
Portfolio management--Psychological aspects.
Speculation--Psychological aspects.
The laws of wealth : psychology and the secret to investing success - Hampshire, Great Britain : Harriman House, 2016. - xx, 279 pages : illustrations ; 23 cm
Part one. The rules of behavioral self-management --
Part two. Behavioral asset management --
Epilogue. Behavioral investing in a world gone mad.
Daniel Crosby offers an accessible and applied take on a discipline that has long tended toward theory at the expense of the practical. Readers are treated to real, actionable guidance as the promise of behavioral finance is realised and practical applications for everyday investors are delivered. Crosby presents a framework of timeless principles for managing your behavior and your investing process. He begins by outlining ten rules that are the hallmarks of good investor behavior, including 'Forecasting is for Weathermen' and 'If You're Excited, It's Probably a Bad Idea'. He then goes on to introduce a unique new taxonomy of behavioral investment risk that will enable investors and academics alike to understand behavioral risk in a newly coherent and complete way. From here, attention turns to the four ways in which behavioral risk can be combatted and the five equity selection methods investors should harness to take advantage of behaviorally-induced opportunities in the stock market.
IN ENGLISH
9780857195241
Investments--Psychological aspects.
Portfolio management--Psychological aspects.
Speculation--Psychological aspects.