
The book that applies behavioral finance to the real world Understanding how to use behavioral finance theory in investingis a hot topic these days. Nobel laureate Daniel Kahneman hasdescribed financial advising as a prescriptive activity whose mainobjective should be to guide investors to make decisions that servetheir best interests. The reality? That's easier said than done. Inthe Second Editio...
Hardcover: 352 pages
Publisher: Wiley; 2 edition (January 3, 2012)
Language: English
ISBN-10: 9781118014325
ISBN-13: 978-1118014325
ASIN: 1118014324
Product Dimensions: 6.2 x 1.2 x 9.1 inches
Amazon Rank: 199758
Format: PDF ePub fb2 djvu book
- Michael M. Pompian epub
- Michael M. Pompian ebooks
- 9781118014325 pdf
- epub books
- 978-1118014325 epub
Redemption manual 50 book 3 operating sovereign volume 3 Read Hello kitty crochet supercute amigurumi patterns for sanrio friends 1 ebook adversonboa.wordpress.com Read Funland ebook 51heroiup.wordpress.com Here Murer inc book pdf link Here The book of crystal grids a practical guide to achieving your dreams pdf link
Interesting and useful...
oral Finance and WealthManagement, Michael Pompian takes a practical approach to thegrowing science of behavioral finance, and puts it to use for realinvestors. He applies knowledge of 20 of the most prominentindividual investor biases into "behaviorally-modified" assetallocation decisions. Offering investors and financial advisors a"self-help" book, Pompian shows how to create investment strategiesthat leverage the latest cutting edge research into behavioralbiases of individual investors. This book:Shows investors and financial advisors how to either moderateor adapt to behavioral biases, in order to improve investmentresults and identifies "the best practical allocation" forinvestment portfolios. Using these two sound approaches for guidinginvestment decision-making, behavioral biases are incorporated intothe portfolio management processUses updated cases studies to show investors and financialadvisors how an investor's behavior can be modified to improveinvestment decision-makingProvides useable methods for creating behaviorally modifiedinvestment portfolios, which may help investors to reach their longterm financial goalsHeightens awareness of biases so that financial decisions andresulting economic outcomes are improvedOffers advice on managing the effects of each bias in order toimprove investment resultsThis Second Edition illustrates investors' behavioralbiases in detail and offers financial advisors and their clientspractical advice about how to apply the science of behavioralfinance to improve overall investment decision making.