The Laws of Wealth
Harriman House Publishing (Verlag)
978-0-85719-524-1 (ISBN)
GOLD MEDALLIST IN THE AXIOM BUSINESS BOOK AWARDS 2017
From New York Times and USA Today bestselling author, Dr Daniel Crosby, comes the behavioral finance book all investors have been waiting for.
In The Laws of Wealth, psychologist and behavioral finance expert Daniel Crosby offers an accessible and applied take on a discipline that has long tended toward theory at the expense of the practical. Readers are treated to real, actionable guidance as the promise of behavioral finance is realised and practical applications for everyday investors are delivered.
Crosby presents a framework of timeless principles for managing your behavior and your investing process. He begins by outlining ten rules that are the hallmarks of good investor behavior, including 'Forecasting is for Weathermen' and 'If You're Excited, It's Probably a Bad Idea'. He then goes on to introduce a unique new taxonomy of behavioral investment risk that will enable investors and academics alike to understand behavioral risk in a newly coherent and complete way.
From here, attention turns to the four ways in which behavioral risk can be combatted and the five equity selection methods investors should harness to take advantage of behaviorally-induced opportunities in the stock market. Throughout, readers are treated to anecdotes, research and graphics that illustrate the lessons in memorable ways. And in highly valuable 'What now?' summaries at the end of each chapter, Crosby provides clear, concise direction on what investors should think, ask and do to benefit from the behavioral research.
Dr. Crosby's training as a clinical psychologist and work as an asset manager provide a unique vantage and result in a book that breaks new ground in behavioral finance. You need to follow the laws of wealth to manage your behavior and improve your investing process!
Dr. Daniel Crosby is a psychologist and behavioral finance expert who helps organizations understand the intersection of mind and markets. Dr. Crosby’s first book, Personal Benchmark: Integrating Behavioral Finance and Investment Management, was a New York Times bestseller. His second book, The Laws of Wealth, was named the best investment book of 2017 by the Axiom Business Book Awards and has been translated into 12 languages. His third book, The Behavioral Investor, was Axiom’s best investment book of 2019 and is a comprehensive look at the neurology, physiology and psychology of sound financial decision-making. When he’s not decoding market psychology, Daniel is a husband and father of 3, a fanatical follower of the St. Louis Cardinals, an explorer of the American South, and an amateur hot sauce chef.
Acknowledgements Preface or: How I Learned to Stop Worrying and Read this Book Introduction: Of Worms & Wealth Part One. The Rules of Behavioral Self-Management Paradox of Primates & Formalwear Rule #1. You Control What Matters Most Rule #2. You Cannot Do This Alone Rule #3. Trouble Is Opportunity Rule #4. If You're Excited, It's A Bad Idea Rule #5. You Are Not Special Rule #6. Your Life Is The Best Benchmark Rule #7. Forecasting Is For Weathermen Rule #8. Excess Is Never Permanent Rule #9. Diversification Means Always Having To Say You're Sorry Rule #10. Risk Is Not A Squiggly Line Applying the Rules of Behavioral Self-Management Part Two. Behavioral Asset Management The State of Money Management Managing Behavioral Risk The Four Cs of Rule-Based Behavioral Investing The Five Ps of Equity Investing Epilogue. Behavioral Investing in a World Gone Mad Bibliography Index
| Erscheinungsdatum | 01.06.2016 |
|---|---|
| Zusatzinfo | black & white illustrations |
| Verlagsort | Petersfield |
| Sprache | englisch |
| Maße | 140 x 216 mm |
| Gewicht | 499 g |
| Themenwelt | Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Bewerbung / Karriere |
| Sachbuch/Ratgeber ► Gesundheit / Leben / Psychologie ► Psychologie | |
| Geisteswissenschaften ► Psychologie ► Verhaltenstherapie | |
| Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung | |
| ISBN-10 | 0-85719-524-7 / 0857195247 |
| ISBN-13 | 978-0-85719-524-1 / 9780857195241 |
| Zustand | Neuware |
| Informationen gemäß Produktsicherheitsverordnung (GPSR) | |
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