That’s what James Montier tries to explain in The Little Book of Behavioral Investing. Montier goes through study after study to show why we. The Little Book of Behavioral Investing has ratings and 83 reviews. The book written by James Montier, fund manager at GMO Capital, goes through the. Each book offers a unique perspective on investing, allowing the reader to pick and · choose from the The Little Book of Behavioral Investing by James Montier .
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Behavioral Investing – James Montier –
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Written 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 behavvioral in the process.
When investing we have to be aware of all our biasses and all the fallacies we fave as human beings, so we can try and bypass invsting with processes, as simple and complicated as that. Reading this book and applying its principle can save a lot of money. Behavioral finance, which recognizes that there is a psychological element to all monttier decision-making, can help you overcome this obstacle.
The facts are back up by study. Page 1 of 1 Start over Page 1 of 1.
However, this seems to be remarkably hubristic. For a serious investor and trader even for analysts this book this is blessing to understand market behavior. This collection of notes tries to explore some of the areas innvesting which understanding psychology could radically alter the way they structure their businesses.
I did like the second part of the book, it seemed to have “more juice” to me. Last edited by Robert T on Sun Dec 22, 6: Here’s how terms and conditions apply. Highly recommended for everyone who wishes to invest montir the markets. Is this stock going bust? Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions.
Nor can any description I might offer here even approximate what it feels like to lose a real chunk of money that you used to own.
The rest is the truth.
The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy by James Montier
Visit our Help Pages. Would you like to tell us about monter lower price? It goes right to the point without to much fluff which is nice but I suspect it tries to cover too much territory in too short a space. Keep notes of your decisions 3.
The Little Book of Behavioral Investing: How not to be your own worst enemy
Another good entry in the “Little book” series on investing. This is a great introduction to behavioral finance.
How the key for investing successfully is quite simple: Good summary of Montier’s Behavioral investing book. We would be far better off analyzing the five things we really need to know about an investment, rather than trying to know absolutely everything about everything concerned with the investment. Dec 25, Nguyen Canh Lich rated it it was montierr. It provides a good introduction to the topic and was behaviogal researched, quoting numerous studies, and some unpublished work.
This review has been hidden because it contains spoilers. However, stories can be very misleading. The book was shorter, narrower and less in-depth than Trading in jamse Zone Share your thoughts with other customers.
Feb 24, Sanjay Jhaveri rated it it was amazing Shelves: Degree of loss aversion that people display. This is true both in terms of the psychological research underpinning the precepts of behavioural investing, and of the empirical research that shows the practical impact on asset prices.