The Laws of Wealth: Psychology and the secret to investing success
Publisher,Harriman House
Publication Date,
Format, Paperback
Weight,
No. of Pages, 264
Shelf: Non-Fiction Books / Business Finance & Accounting / Investments
Kindly ask our staff if you cannot locate the shelf.
In The Laws of Wealth, psychologist and behavioral finance expert Daniel Crosby presents three sets of real, actionable rules that investors can use to apply the lessons of behavioral finance.
He begins with ten rules that are the hallmarks of good investor behavior, including 'Forecasting is for Weathermen', 'If You're Excited, It's Probably a Bad Idea', and 'Trouble is Opportunity'.
From here, attention turns to the Four Cs of Rule-Based Investing: Consistency, Clarity, Courageousness, Conviction. The Four Cs provide practical methods to combat behavioral risk in investing.
And finally, he introduces the Five Ps of successful equity investing: Price, Properties, Pitfalls, People, Push. Investors can draw on these five methods to select stocks and take advantage of behavioral opportunities in the stock market.
About the Author
Educated at Brigham Young and Emory Universities, Dr. Daniel Crosby is a psychologist, behavioral finance expert and asset manager who applies his study of market psychology to everything from financial product design to security selection. He is co-author of the New York Times bestseller Personal Benchmark: Integrating Behavioral Finance and Investment Management and founder of Nocturne Capital. He is at the forefront of behavioralising finance. His ideas have appeared in the Huffington Post and Risk Management Magazine, as well as his monthly columns for WealthManagement.com and Investment News.
- Dimensions : 5.55 x 0.85 x 8.5 inches
