Achieve investing success by understanding your behavior type
This 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 typeIncludes a test for determining your
tolerance for risk and other traits that will determine your
investment typeWritten 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.
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