The Psychology of Investing

Nofsinger, John R.

ISBN 10: 041539757X / ISBN 13: 9780415397575

Published by Routledge, 2017

About this Item

Gently read. May have name of previous ownership, or ex-library edition. Binding tight; spine straight and smooth, with no creasing; covers clean and crisp. Minimal signs of handling or shelving. 100% GUARANTEE! Shipped with delivery confirmation, if you're not satisfied with purchase please return item! Ships USPS Media Mail.

Seller Inventory # OTV.041539757X.VG

Bibliographic Details

• Title: The Psychology of Investing
• Publisher: Routledge
• Publication Date: 2017
• Language: English
• ISBN 10: 041539757X
• ISBN 13: 9780415397575
• Binding: Soft cover
• Condition: very_good

About this title

Synopsis

While traditional finance focuses on the tools used to optimize return and minimize risk, this book explains how psychology can affect our decisions more than financial theory. Covering the ways investors actually behave, this is the first book of its kind to delve into the ways biases influence investment behavior, and how overcoming these biases can increase financial success.

Now in its sixth edition, this classic text features:

• An easy-to-understand structure, illustrating psychological biases as everyday behavior; analyzing their effect on investment decisions; and concluding with academic studies that exhibit real-life investors making choices that hurt their wealth.
• A new chapter on the biology of investment, exploring the latest research on genetics, neuroscience, and how hormones, aging, and nature versus nurture inform our investment behavior.
• An additional strategy for controlling biases, helping readers understand the psychology that motivates markets and how to address it.
• Experiential examples, chapter summaries, and end-of-chapter discussion questions to help readers test their practical understanding.

Fully updated with the latest research in the field, The Psychology of Investing will prove fascinating and educational for advanced students in investment, portfolio management, and behavioral finance classes as well as investors and financial planners.

About the Author

John R. Nofsinger is the William H. Seward Endowed Chair in International Finance and Professor of Finance at the University of Alaska Anchorage, USA.