"synopsis" may belong to another edition of this title.
"Clear and Accessible." -- Bob Frick (Kiplinger's Personal Finance, December 2007)
"Highly recommended." -- (Kiplinger's Best Investing Reads of 2007)
"For those who want to take behaviouralism a step further, and to study the science of the brain - a subject that tells us a lot about ourselves, as well as about how we might just make some more money ... " --(Financial Times, December 2007)
Inside the Investor's Brain
The human brain is wired to make decisions in certain ways. Unfortunately, when it comes to the financial markets, the way we've been "wired" is not conducive to making money. Nobody knows this better than author Richard Peterson. As a founder of Market Psychology Consulting, a former trader, a developer of psychology-based trading systems, and an investor coach, Peterson understands firsthand how subconscious mistakes (biases) can sabotage the financial decision-making of market participants.
Now, with Inside the Investor's Brain, Peterson wants to share his invaluable experiences in this field with you. Backed by recent research in neurofinance--the study and application of neuroscience to investment activity--psychology, and experimental finance, this detailed guide explains the fundamental "hardwired" mistakes made by most investors and reveals the simple steps you can take to overcome these obstacles and improve your financial decision-making skills.
After an introduction that illustrates some of the most basic and prevalent investor biases--through the well-documented stories of Long Term Capital Management, Sir Isaac Newton and the South Seas bubble, and Mark Twain and the 1860s silver fever--Inside the Investor's Brain moves on to:
Most chapters also contain engaging real-world examples, whose lessons will help you identify subconscious biases; understand when thinking will improve your investment process (and when it won't); improve your emotional intelligence; and focus on the decision process, not the outcome.
While good investing requires a basic financial education, in order to really excel in this environment, you've got to learn how to manage yourself. With Inside the Investor's Brain as your guide, you'll quickly discover how becoming familiar with both the terrain of the markets and the topography of your mind can enhance the profitability of your overall investment endeavors.
"About this title" may belong to another edition of this title.
Shipping:
£ 3.17
Within U.S.A.
Book Description Hardcover. Condition: new. New. Fast Shipping and good customer service. Seller Inventory # Holz_New_0470067373
Book Description Condition: New. Seller Inventory # 4200035-n
Book Description Hardcover. Condition: new. New. Seller Inventory # Wizard0470067373
Book Description Condition: new. Seller Inventory # newMercantile_0470067373
Book Description Condition: new. Seller Inventory # FrontCover0470067373
Book Description Hardcover. Condition: new. New Copy. Customer Service Guaranteed. Seller Inventory # think0470067373
Book Description Condition: new. Seller Inventory # 77e78dd1d08be20dbc7b193d40a42b12
Book Description Hardcover. Condition: new. Hardcover. Unique insights into how the mind of an investor operates and how developing emotional awareness leads to long-term success Inside the Investor's Brain provides readers with specific techniques for understanding their financial psychology, so that they can improve their own performance and learn how to outsmart other investors. Chapter by chapter, author Richard Peterson addresses various mental traps and how they play a role in investing. Through examples, such as a gambling experiment with playing cards, the author shows readers how being aware of the subconscious can separate the smart investors from the average ones. This book also contains descriptions of the work of neuroscientists, financial practitioners, and psychologists, offering an expert's view into the mind of the market. Innovative and accessible, Inside the Investor's Brain gives investors the tools they need to better understand how emotions and mental biases affect the way they manage money and react to market moves. Unique insights into how the mind of an investor operates and how developing emotional awareness leads to long-term success Inside the Investor's Brain provides readers with specific techniques for understanding their financial psychology, so that they can improve their own performance and learn how to outsmart other investors. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780470067376
Book Description Hardback or Cased Book. Condition: New. Inside the Investor's Brain: The Power of Mind Over Money 1.39. Book. Seller Inventory # BBS-9780470067376
Book Description Condition: New. Brand New! Not Overstocks or Low Quality Book Club Editions! Direct From the Publisher! We're not a giant, faceless warehouse organization! We're a small town bookstore that loves books and loves it's customers! Buy from Lakeside Books!. Seller Inventory # OTF-S-9780470067376