This book is not nearly as good or powerful as Trading in the Zone, but it was worthwhile reinforcement of the earlier lessons. Read honest and unbiased product reviews from our users. Vary insightful. A fun read on how our behavior, whether nature or nurture, can work against us when it comes to decision making. Good practical advice that could materially improve your long term returns. And, that is what this book is about. Skip to main content.ae. -- Dan Ariely, James B. Duke Professor of Behavioral Economics, Duke University, and author of Predictably Irrational. It has 16 chapters describing the various follies of the investors that most of us are familiar with - Loss Aversion, Overoptimism, Overconfidence, Hindsight Bias, Disposition Effect, Anchoring, Confirmation Bias etc. The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy. Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. Read honest and unbiased product reviews from our users. Reviewed in the United States on August 21, 2018, Reviewed in the United States on April 14, 2016. Find helpful customer reviews and review ratings for The Little Book of Behavioral Investing: How not to be your own worst enemy at Amazon.com. The book is short, sweet and has many extremely good messages for any investor - all told in fairly hard-hitting ways. How we need to be skeptical, avoid useless predictions, and foc, This is a very interesting book about human behaviour, biases, how our brains make mistakes and the consequences in investing. You can still see all customer reviews for the product. Let us know what’s wrong with this preview of, Published No monthly commitment. One thing I always want to know is the history of a person's experience with investing. A side note—it's available to listen to for free on YouTube, and it lends itself decently to that format as long as you take the time to pause it and engage in the thought experiments and behavioral 'tests'. Loss Aversion, Overoptimism, Overconfidence, Hindsight Bias, Disposition Effect, Anchoring, Confirmation Bias, etc). The little book of behavioral investing: How not to be your own worst enemy. I will provide a short corollary. Simple rules, like taking the current market price and back out what it implies for future growth. Interesting read, but personally, I already knew some of the information here. The subject is not only immensely interesting but easy to understand and lends itself to humorous story-telling at the expense of many mighties' follies. Find helpful customer reviews and review ratings for The Little Book of Behavioral Investing: How not to be your own worst enemy (Little Books, Big Profits (UK)) at Amazon.com. Turns out her father had lost all the family money to an unscrupulous advisor and poor investments. There are a few more typos in here than I normally expect in a professionally produced book so I can't give it a 5. Read honest and unbiased product reviews from our users. It also analyzes reviews to verify trustworthiness. Lea reseñas de productos sinceras e imparciales de nuestros usuarios. Good summary of Montier's Behavioral investing book. This book explains with detailed psychological experiments how people fool themselves when it comes to investment decisions. Come for the investing, stay for the meditation on human minds. On average, we are much more exceptional than we think. This could be regarded as a short summary of behavioral economics. Highly recommended for everyone who wishes to invest in the markets. By James Montier Wiley, ... See more reviews. Read honest and unbiased product reviews from our users. Reviewed in the United States on February 17, 2019. For a complete and more thorough run-through, I recommend the fabulous “Thinking, Fast and Slow” by Daniel Kahneman and books by Dan Ariely (“Predictably Irrational” etc.). Book Review The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy Nadia Bahadori, B.S. A brilliant author who backs up his statements with cold hard research. Montier, J. Most people buy high and sell low. A side note—it's available to listen to for free on YouTube, and it lends itself decently to that format as long as you take the. The biases presented are human biases, not just investor biases. How the key for investing successfully is quite simple: prepare, plan and pre-commit to a strategy. If you explore the presented biases in your none investment/trading actions, I feel you will find a stronger connection when examining your investment/trading actions. In The Little Book of Behavioral Investing, expert James Montier takes you through some of the most important behavioral challenges faced by investors. James Montier’s book is about how behavioural frailties prevent us from achieving the best outcomes in investing. Look for hard data that can prove us wrong. Monitor does an excellent job of explaining why we make poor investment (and life) decisions.
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