Name: The Laws of Wealth (Paperback): Psychology and the Secret to Investing Success
Price: 669.00 TWD
Availability: InStock
Author: Morgan Housel
ISBN: 9780857197832

portada The Laws of Wealth (Paperback): Psychology and the Secret to Investing Success

The Laws of Wealth (Paperback): Psychology and the Secret to Investing Success

Type

Physical Book

Author

Daniel Crosby

Introduction by

Morgan Housel

Publisher

Harriman House

Language

English

Format

Paperback

Dimensions

21.3 x 14.0 x 2.5 cm

Weight

0.39 kg.

ISBN13

9780857197832

Synopsis "The Laws of Wealth (Paperback): Psychology and the Secret to Investing Success"

From New York Times and USA Today bestselling author, Dr. Daniel Crosby--the behavioral finance book all investors have been waiting for. 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. Throughout, anecdotes, research, and graphics illustrate the lessons in memorable ways. And in highly valuable 'What now?' summaries at the end of each chapter, Crosby provides clear, concise direction on what to think, ask, and do next to become a better investor. If you are wondering what years of behavioral finance has delivered for real investors, you should follow the laws of wealth to manage your behavior and improve your investing!

Morgan Housel

(Introduction by)

View Author's Page

Morgan Housel is an important economic analyst and was for years one of the star columnists of the Wall Street Journal. He is an expert in Behavioral Investing and a partner at The Collaborative Fund, a venture capital firm that supports young companies making advancements in the world. He has been a two-time winner of the Best in Business Award, as well as a two-time finalist for the Gerald Loeb Award, accolades that recognize excellence in journalism in the fields of business, finance, and economics.

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