Investor Behavior: The Psychology of Financial Planning and Investing by H. Kent Baker, Victor Ricciardi

Investor Behavior: The Psychology of Financial Planning and Investing H. Kent Baker, Victor Ricciardi ebook
Page: 640
Publisher: Wiley
Format: pdf
ISBN: 9781118492987

We've observed that when financial advisors are more aware of the psychological and behavioral consequences of their clients' behavior, they can step in and intervene, protecting them from the consequences of their behavior. Pete now manages his investment portfolio, travels and works as a consultant in the finance industry from time to time. From the very first investment mania in 1637, where single tulip bulbs sold for more than 10 times the annual income of a skilled craftsman, we've known that emotion plays a strong role in driving investor behavior. Behavioral economists have a name for this normal psychological phenomenon: loss aversion. May 18, 2014 - Pete Wargent is a Chartered Accountant, Chartered Secretary and has a Financial Planning Diploma. Taking a Job Out of the Financial Equation. Apr 17, 2014 - Behavioral finance seeks to combine behavioral and cognitive psychological theory with conventional economics and finance to provide explanations for why people make irrational financial decisions. Dec 23, 2011 - Several experts on the markets and behavioral finance weigh in on the year to come and how investors should prepare. (assisting landlords and tenants understand their rights and responsibilities), commercial property (for experienced property investment individuals), negotiation, personal development and the psychology of property investment success. Aug 11, 2011 - Behavioral scientists and financial experts say the fear of losing money, known as loss aversion, can by itself set investors back. The Nobel-Prize winning psychologist Daniel Kahneman called for prudence, Daniel Egan of Barclays Wealth warned people away from trying to time the markets, and the finance professor Meir Statman is worried about So what about 2012 worries you, and how are you planning accordingly? From our analysis, questioning and study of past investment performance of the Undiscovered Managers Behavior Value Fund, we feel confident that Potter and the investment strategy provides the opportunity for strong performance.