1.

Record Nr.

UNINA9910822155803321

Autore

Pompian Michael M. <1963->

Titolo

Behavioral finance and investor types [[electronic resource] ] : managing behavior to make better investment decisions / / Michael M. Pompian

Pubbl/distr/stampa

Hoboken, N.J., : John Wiley & Sons, Inc., c2012

ISBN

1-119-20241-8

1-280-67902-6

9786613655950

1-118-22181-8

Edizione

[1st edition]

Descrizione fisica

1 online resource (232 pages)

Collana

Wiley finance

Classificazione

BUS036000

Disciplina

332.601/9

Soggetti

Investments - Psychological aspects

Investments - Decision making

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

pt. 1. Introduction to behavioral finance -- pt. 2. Personality theory -- pt. 3. Explanation of the behavioral investor types -- pt. 4. Plan and act.

Sommario/riassunto

"Achieve investing success by understanding your behavior typeThis groundbreaking book shows how to invest wisely by managing your behavior, and not just your money. Step by step, Michael Pompian (a leading authority in the practical application of Behavioral Finance concepts to wealth management) helps you plan a strategy targeted to your personality. The book includes a test for determining your investment type and offers strategies you can put into use when investing. It also includes a brief history of the stock market, and easy-to-comprehend information about stocks and investing to help you lay a solid foundation for your investment decisions.Behavioral Finance and Investor Types is divided into two parts. Test Your Type, gives an overview of Behavioral Finance as well as the elements that come into play when figuring out BIT, like active or passive traits, risk tolerance, and biases. The book includes a quiz to help you discover what category you are in. Plan and Act, contains the traits common to your type; an analysis of the biases associated with your type; and strategies



and solutions that compliment and capitalize on your BIT. Offers a practical guide to an investing strategy that fits both your financial situation and your personality type Includes a test for determining your tolerance for risk and other traits that will determine your investment type Written by the Director of the Private Wealth Practice for Hammond Associates--an investment consulting firm serving institutional and private wealth clients Behavioral Finance and Investor Types offers investors a better sense of what drives them and what puts on their breaks. By using the information found here, you'll quickly become savvy about the world of investing because you'll come to understand your place in it"--