Inside the Investor's Brain: The Power of Mind over Money - Couverture rigide

Peterson, Richard L.

Couverture rigide

ISBN 10 : 0470067373 ISBN 13 : 9780470067376

Editeur : John Wiley & Sons Inc, 2007

Synopsis

Unique insights into how the mind of an investor operates and how developing emotional awareness leads to long-term success Inside the Investor's Brain provides readers with specific techniques for understanding their financial psychology, so that they can improve their own performance and learn how to outsmart other investors. Chapter by chapter, author Richard Peterson addresses various mental traps and how they play a role in investing. Through examples, such as a gambling experiment with playing cards, the author shows readers how being aware of the subconscious can separate the smart investors from the average ones. This book also contains descriptions of the work of neuroscientists, financial practitioners, and psychologists, offering an expert's view into the mind of the market. Innovative and accessible, Inside the Investor's Brain gives investors the tools they need to better understand how emotions and mental biases affect the way they manage money and react to market moves.

A propos du livre

Quatrième de couverture :

Praise for Inside the Investor′s Brain

"Richard Peterson has distilled his own first–hand experience as a psychiatrist in Silicon Valley and has used his knowledge of behavioral finance to describe the emotional qualities necessary to be a good investor. Not only is this a fascinating book for everyone, it may also be the most profitable book you ever read."
George Akerlof Nobel Laureate in Economics, 2001

"Peterson′s angle is unique, provocative, and insightful. From the Galvanic Skin Response to the ritualized emotional catharsis of Star Trek′s Vulcans, Inside the Investor′s Brain ′gets it.′ It is a readable synthesis of the characteristics of outstanding investors. It normalizes the maladjustment so common in the arcane world of high–performance investing. The only quote missing is that of General George S. Patton: ′If everybody is thinking alike, then somebody isn′t thinking.′"
Carlo Cannell Managing Member, Cannell Capital LLC

"Richard Peterson has captured a fundamentally new and important way to understand financial markets and our behavior in them. This book is a must–read for both professional and personal investors."
Paul J. Zak, PhD Director, Center for Neuroeconomics Studies

"Readers of this fascinating book will learn a lot about both behavioral finance and neurology. Understanding how the brain works provides insights into how to improve decisions by influencing the underlying psychological processes. Readers will come away with a resource to help them to make sense of the exciting future advances to come."
Hersh Shefrinr Mario L. Belotti Professor of Finance, Santa Clara Universityand author of Beyond Greed and Fear: Understanding Behavioral Financeand the Psychology of Investing

"If you have a brain, money, and any curiosity about how each affects the other, then you should read this book."
David Leinweber Financial Technologist & Nerd on Wall Street

Revue de presse :

"Exceptionally well–written, it will likely prove to be a seminal text on the influence of the human brain on investment behavior. And neurofinance, as that field is known, may provide the next great edge for savvy investors. ... Inside the Investor′s Brain , written by an experienced but surprisingly young author (he′s 35), is outstanding. Peterson and his first book have much to offer investors and the institutions in which they work." –– Dr. David L. Nathan, ( Barron′s, September 2007)

"Clear and Accessible." –– Bob Frick (Kiplinger′s Personal Finance, December 2007)

"Highly recommended." –– (Kiplinger′s Best Investing Reads of 2007)

"For those who want to take behaviouralism a step further, and to study the science of the brain – a subject that tells us a lot about ourselves, as well as about how we might just make some more money ... " ––(Financial Times, December 2007)

À propos de cette édition

• Éditeur: John Wiley & Sons Inc
• Date d'édition: 2007
• ISBN 10: 0470067373
• ISBN 13: 9780470067376
• Reliure: Relié
• Nombre de pages: 416