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Produktbild: Investing Psychology

Investing Psychology The Effects of Behavioral Finance on Investment Choice and Bias. + Website

Aus der Reihe Wiley Finance Editions

59,99 €

inkl. gesetzl. MwSt., Versandkostenfrei

Lieferung nach Hause

Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

21.04.2014

Verlag

John Wiley & Sons

Seitenzahl

256

Maße (L/B/H)

23,5/15,7/1,9 cm

Gewicht

531 g

Auflage

1. Auflage

Sprache

Englisch

ISBN

978-1-118-72219-0

Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

21.04.2014

Verlag

John Wiley & Sons

Seitenzahl

256

Maße (L/B/H)

23,5/15,7/1,9 cm

Gewicht

531 g

Auflage

1. Auflage

Sprache

Englisch

ISBN

978-1-118-72219-0

Herstelleradresse

Libri GmbH
Europaallee 1
36244 Bad Hersfeld
DE

Email: GPSR Kontakt

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  • Produktbild: Investing Psychology
  • Preface xiii

    CHAPTER 1 Sensory Finance 1

    Beating the Bias Blind Spot 1

    Illusory Pattern Recognition 4

    Superstitious Pigeons--and Investors 6

    The Super Bowl Effect: If It Looks Too Good to Be True, It Is 9

    Your Financial Horoscope: Forecasting and the Barnum Effect 10

    Uncertainty: The Unknown Unknowns 12

    Illusion of Control 13

    Stocks Aren't Snakes 15

    Herding 16

    Availability 19

    Assuming the Serial Position 21

    Hot Hands 23

    Financial Memory Syndrome 25

    Attention! 27

    The Problem with Linda 29

    Representation 31

    The Seven Key Takeaways 33

    Notes 34

    CHAPTER 2 Self-Image and Self-Worth 37

    The Introspection Illusion 37

    Blind Spot Bias, Revisited 39

    Rose-Colored Investing 40

    Past and Present Failures 41

    Depressed but Wealthy 43

    Disposed to Lose Money 44

    Loss Aversion 45

    Anchored 46

    Two Strangers 48

    Hindsight's Not So Wonderful 50

    Deferral to Authority 51

    Emotion 52

    Black Swans 54

    Dirty Money, Mental Accounting 55

    A Faint Whisper of Emotion 56

    Psychologically Numbed 57

    Martha Stewart's Biases 58

    Retrospective 60

    Annual Returns 60

    Nudged 61

    Mindfulness 62

    The Seven Key Takeaways 65

    Notes 66

    CHAPTER 3 Situational Finance 69

    Disposition vs. Situation 69

    Beauty Is in the Eye of the Investor 70

    Angels or Demons? 71

    Merely Familiar 73

    Lemming Time 74

    Story Time 76

    Wise Crowds? 78

    Adaptive Markets 79

    George Soros's Refl exivity 81

    Grow Old Quickly 82

    Speaking Ill 83

    The Power of Persuasion 85

    SAD Investors 86

    Sell in May . . . 87

    The Mystery of the Vanishing Anomalies 89

    Tweet and Invest 90

    Fire! 92

    The Rise of the Machines 93

    The Seven Key Takeaways 94

    Notes 95

    CHAPTER 4 Social Finance 99

    Conform--or Die 99

    Groupthink 100

    Motivated Reasoning 101

    Polarized 103

    A Personal Mission Statement: Social

    Identity and Beyond 104

    Gaming the System 106

    You've Been Framed 108

    Behavioral Portfolios 110

    Dividend Dilemmas 112

    The Language of Lucre 113

    Embedded Investing 114

    Financial Theory of Mind 116

    Trust Me, Reciprocally . . . 118

    Akerlof's Lemons 119

    The Peacock's Tail 122

    Facebooked 123

    Be Kind to an Old Person 124

    The Seven Key Takeaways 126

    Notes 127

    CHAPTER 5 Professional Bias 131

    Mutual Fund Madness 131

    Is Passive Persuasive? 133

    Losing to the Dark Side 134

    Forecasting--The Butterfl y Effect 136

    Forecaster Bias 138

    Feminine Finance 140

    Trading on a High 141

    Marriage and Money 142

    Muddled Modelers 144

    CEO Pay--Because They're Worth It? 145

    Corporate Madness 146

    Buyback Brouhaha 148

    Oh No, IPO 149

    Your 6 Percent Self-Infl icted Trading Tax 150

    Expert Opinion? 151

    Avoid the Sharpshooters 153

    The Seven Key Takeaways 154

    Notes 154

    CHAPTER 6 Debiasing 159

    Numbers, Numbers, Numbers 159

    Losing Momentum 160

    Mean Reversion 162

    Short Shift 163

    Diworsification 165

    Disconfirm, Disconfi rm 167

    Reverse Polarization 168

    Expected Value 170

    Investing in the Rearview Mirror 172

    Living with Uncertainty 174

    Sunk by the Titanic Effect 175

    Changing Your Mind 177

    Love Your Kids, Not Your Stocks 178

    Cognitive Repairs 180

    Satisficing 181

    The Seven Key Takeaways 182

    Notes 183

    CHAPTER 7 Good Enough Investing 187

    #1: The Rule of Seven 187

    #2: Homo Sapiens, Tool Maker 188

    #3: Meta-Methods 189

    #4: Be Skeptical 189

    #5: Don't Trust Yourself 190

    #6: Self-Control Is Key 191

    #7: Get Feedback 191

    A Behavioral Investing Framework 192

    Step #1: Making It Personal 193

    Step #2: Build an Investing Checklist 195

    Step #3: Write It Down 196

    Step #4: Diarize Reviews 197

    Step #5: Get Feedback 198

    Step #6: Do Autopsies 199

    Step #7: Update Adaptively 200

    The Worst Offenders 201

    Tools 203

    The Mechanics of Investing 204

    The Seven Key Takeaways 206

    Notes 207

    CHAPTER 8 A Few Myths More 209

    Myth 1: Money Makes Us Happy 210

    Myth 2: Everyone Can Be a Good Investor 211

    Myth 3: Numbers Don't Matter 212

    Myth 4: Financial Education Can Make You a Good Investor 213

    Myth 5: I Won't Panic 214

    Myth 6: Debt Doesn't Matter 215

    Myth 7: I Can Get 7 Percent a Year from Markets 216

    Myth 8: Infl ation Doesn't Matter 217

    Myth 9: Everyone Has Some Good Investing Ideas, Sometime 217

    Myth 10: I Don't Need to Track My Results 218

    The Seven Key Takeaways 219

    Notes 219

    CHAPTER 9 The Final Roundup 221

    Notes 224

    About the Companion Website 227

    About the Author 229

    Index 231