Behavioral Finance 201: Normative Finance Deprogramming - Softcover

Kihn, John

Softcover

ISBN 10: 1517104696 ISBN 13: 9781517104696

Publisher: CreateSpace Independent Publishing Platform, 2015

Synopsis

Finance as taught today is primarily normative in nature and not factually based. Without accurate facts logical thought is impossible. In fact, especially today, the normative theory that textbook finance revolves around is contradicted by the descriptive reality of the financial markets. This book highlights the difference between the more recent factual reality of the financial markets versus commonly accepted theory; and related to the gap between theory and financial market reality, it peels away the layers of disinformation and outright brainwashing that pervade the field of finance. A critical reading of this book will enhance the reader's ability to understand and ultimately operate in the financial markets.

About this title

About the Author

John Kihn currently teaches finance at the University of Vaasa in Finland. He has knowledge of and experience in both the academic and practitioner sides of the financial markets. In 1996 he received his Ph.D. in finance from the London School of Economics and Political Science, and has published academic articles on various finance topics, as well as holds a financial process patent. He has worked in the financial markets from 1985 through early 2008, with his last practitioner position being a Director of market risk at Merrill Lynch. In his over two decades of practical work in the financial markets he has held the following positions: hedging analyst, systems analyst/project manager, quantitative analyst, distressed credits analyst/manager, senior risk analyst, chief risk officer - fixed income, and portfolio manager. In short, this book represents a valuable set of knowledge based on John's unique experience and insight.

Edition details

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2015
• ISBN 10: 1517104696
• ISBN 13: 9781517104696
• Binding: Paperback
• Language: English
• Number of pages: 360
• Illustrator: Kihn Helen