Behavioral investment

In this book, the psychologist and asset managers Daniel Crosby are considering the entire range of sociological, neurological and psychological factors affecting our investment solutions and offers practical strategies to increase the profitability and improve the exchange game. Readers are offered the most complete analysis of behavioral aspects and specific recommendations on decision -making processes and getting rid of fatal disadvantages that most investors suffer from.

The book consists of four parts:
1. An explanation of sociological, neurological and physiological factors that impede the adoption of reasonable investment decisions. Readers will be able to better understand how external conditions quietly affect our choice.

2. Lighting of the four main psychological trends affecting investment behavior. Readers will be able to analyze their own behavior, get rid of excessive conceit and get acquainted with mechanisms that allow to objectively evaluate their decisions.

3. Practical implementation of the provisions discussed in the first and second parts.

4. Acquaintance with the “third way "based on reality, taking into account contextual and behavioral disadvantages. Readers will be able to better understand the psychological backgrounds of such popular investment areas as a cost and inertial approach, and to understand why all types of successful investment are based on psychological factors.

Wealth in essence is a reflection of both financial and psychological well -being. The purpose of this book is not only to enrich the reader in the literal sense of the word, but also to provide it with tools to increase wealth and knowledge