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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It’s one of the few books I keep on my study desk to consult when I get twitchy. Check the performance less often 4. Learn to say no! Mar 22, Ron rated it liked it Shelves: I only took one star off because the Kindle version is loaded with grammatical and typographical errors. I did like the second part of the book, it seemed to have “more juice” to me. The book was shorter, narrower and less in-depth than Trading in the Zone 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 returns in the process.
Offers time-tested ways to identify and avoid the pitfalls of investor bias Author James Montier is one of the world’s foremost behavioral analysts Discusses how to learn from our investment mistakes instead of repeating them Explores the behavioral principles that will allow you to maintain a successful investment portfolio 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 returns in the process.
We would be far better off analyzing the five things we really need jontier know about an investment, rather than trying to know absolutely everything about everything concerned with the investment. He shows how to at least try to avoid common biases and focusing on the facts on the past.
Behavioral Investing – James Montier –
So most of the time, these meetings are likely to be mutual love ins. Second, see how the bogleheads are hanging in there and if people start bailing. How the key for investing successfully is quite simple: How can behavioural finance inform the investment process?
In The Little Book of Behavioral Investingexpert JamesMontier takes you through some of the most important behavioralchallenges faced by investors.
What other items do customers buy after viewing this item? It is investint expensive, and the reviews are mixed on Amazon, so was unsure whether to go ahead and buy it. Good read, although l wouldn’t pay again what I did for this book, but that’s a sunk cost I guess ; In practice, there beahvioral
Perhaps I’m biased given that I’ve read other books with deep explanation and actionable ideas. Return to Book Page. The first was placing forecasting at the very heart of the investment process. Then you can start reading Kindle books on your smartphone, tablet, or computer – no Kindle device required. No trivia invsting quizzes yet.
The Little Book of Behavioral Investing: How not to be your own worst enemy
Stemming from the research Kahneman, Tversky, Thaller, Ariely, and others have performed- this book is excellent at describing the major fallacies our brain falls victim to I. Sep 19, Alex Gleason rated behaviorzl liked it.
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Behavioral Investing – James Montier Discuss all general i. Behavioral finance, which recognizes that there is a psychological element to all investor decision-making, can help you overcome this obstacle.
Here is a behzvioral more grist for the mill. Jun 07, Mike rated it liked it.
The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy by James Montier
If we invest our mongier the same way we invest our love it ends the same way, in tears, screams, and loss, and that’s just the neighbors Together they suggest that when every decision is measured on outcomes, investors are likely to avoid uncertainty, chase noise, and herd with the consensus.
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. Read more Read less.