Behavioural Investing: A Practitioner's Guide to Applying Behavioural Finance
By James Montier.
Description
Behavioural investing seeks to bridge the gap between psychologyand investing. All too many investors are unaware of the mentalpitfalls that await them. Even once we are aware of our biases, wemust recognise that knowledge does not equal behaviour. Thesolution lies is designing and adopting an investment process thatis at least partially robust to behavioural decision-making errors.Behavioural Investing: A Practitioner’s Guide toApplying Behavioural Finance explores the biases we face, theway in which they show up in the investment process, and urgesreaders to adopt an empirically bas...
ISBN(s)
0470516704, 9780470516706