Behavioural Investing: A Practitioner's Guide to Applying Behavioural FinanceJohn Wiley & Sons, 9 oct 2009 - 736 páginas Behavioural investing seeks to bridge the gap between psychology and investing. All too many investors are unaware of the mental pitfalls that await them. Even once we are aware of our biases, we must recognise that knowledge does not equal behaviour. The solution lies is designing and adopting an investment process that is at least partially robust to behavioural decision-making errors. Behavioural Investing: A Practitioner’s Guide to Applying Behavioural Finance explores the biases we face, the way in which they show up in the investment process, and urges readers to adopt an empirically based sceptical approach to investing. This book is unique in combining insights from the field of applied psychology with a through understanding of the investment problem. The content is practitioner focused throughout and will be essential reading for any investment professional looking to improve their investing behaviour to maximise returns. Key features include:
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Índice
CAREER DEFENCE AS ANINVESTMENT STRATEGY WHATABOUT THE LONGSHORT VIEW? | |
Chapter | |
Part I | |
Chapter | |
VALUE PERSPECTIVE GROWTH PERSPECTIVE | |
IMPLICATIONS | |
Chapter | |
STRATEGYBYSTRATEGY | |
A Behavioural Critique | |
Chapter | |
OVERCONFIDENCEASA DRIVEROFPOOR FORECASTING | |
WHY FORECAST WHEN THE EVIDENCE SHOWS YOU CANT? | |
WHYUSE FORECASTS? | |
TheIllusionofKnowledge orIs MoreInformation Better Information? | |
CONFIRMATORYBIAS | |
TRUTH OR LIE? | |
CONCLUSIONS Chapter 13Whosa | |
THE SOLUTION THE RESULTS A SIMPLE MODEL OF OUR CONTEST | |
ADHD Time Horizons and Underperformance | |
TheStoryistheThing or The Allure of Growth | |
The Tao of Investing | |
THE EVOLUTION OF THE MUTUAL FUND INDUSTRY | |
CONCLUSIONS | |
THE SHORT | |
Contrarian or Conformist? | |
THE ANATOMY OF VALUE | |
ANALYST ACCURACY? VALUE VERSUS GROWTH KEY POINTS REGIONAL TABLES Chapter 27 Better Value orTheDean | |
THE METHODOLOGY ANDTHE | |
CAPMisCRAP | |
Risk Managers or Risk Maniacs? | |
Finances Favourite FourLetter Word | |
Chapter | |
AlphaGeneration BUBBLES INTHE LABORATORY | |
ACynical Bubble | |
The Empirical Evidence | |
BELIEF BIAS AND THE ZEN OF INVESTING | |
CONCLUSIONS SECTION VIInvestment Myth Busters Chapter 42BeliefBias andtheZen of Investing | |
Chapter 44 Dividends Repurchases Earnings and the Coming Slowdown | |
Return of the Robber Barons | |
ThePurgatoryofLow Returns | |
Have We Really Learned So Little? | |
Lesson from Behavioural Finance andfor Corporate Governance | |
Doing the Right Thing or the Psychology of Ethics | |
Materialism and the Pursuit of Happiness | |
References | |
Index | |
Otras ediciones - Ver todo
Behavioural Investing: A Practitioner's Guide to Applying Behavioural Finance James Montier Vista previa restringida - 2007 |
Behavioural Investing: A Practitioner's Guide to Applying Behavioural Finance James Montier No hay ninguna vista previa disponible - 2009 |
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