That’s what James Montier tries to explain in The Little Book of Behavioral Investing. Montier goes through study after study to show why we. The Little Book of Behavioral Investing has ratings and 83 reviews. The book written by James Montier, fund manager at GMO Capital, goes through the. Each book offers a unique perspective on investing, allowing the reader to pick and ยท choose from the The Little Book of Behavioral Investing by James Montier .

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How we need to be skeptical, avoid useless predictions, and foc This is a very interesting book about human behaviour, biases, how our brains make mistakes and the consequences in investing.

The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy by James Montier

Here are a few snippets which probably does injustice to them in the absence of the supporting evidence behaviroal the book, anyway: The Little Book of Behavioral Investing: Focusing on process, rather than results, seems to be the only way to avoid being drowned by the inability jamws our brains to deal with fears, ambiguity or risk aversion Good read, although l wouldn’t pay again what I did for this book, but that’s a sunk cost I guess ; Aug 06, Guido Profitos rated it liked it.

To some, the glass is half full.

So using bdhavioral as an integral part of the investment process is like tying one hand behind your back before you start. Nor can any description I might offer here even approximate what it feels like mmontier lose a real chunk of money that you used to own. One of the interesting examples is that even if a person does well in evaluating a series of one certain kind of math questions, there are other types of questions to which they will be susceptible in choosing the wrong answer.


The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy

Applicable only on ATM card, debit card or credit card orders. Mar 21, Eduardo Banharoto rated it really liked it. Then comes the hard part Second, see how the bogleheads are hanging in there and if people start bailing.

Jamea a good note, the language is simple and easy to understand even if you’re not in the finance world. The Art of Thinking Clearly. In practice, there is!

A excellent work by the author. Perhaps I’m biased given that I’ve read other books with de Having read other books of the “little book” series about investing I’m a bit disappointed about this one. jzmes

To get the free app, enter mobile phone number. There are certain things that cannot be adequately explained to a virgin either by words or pictures. Take the big picture.

Use a Blank sheet of paper, start over!! Permissions Request permission to reuse content from this site. Shopbop Designer Fashion Brands. Stemming jamse the research Kahneman, Tversky, Thaller, Ariely, and others have performed- this book is excellent at describing the major fallacies our brain falls victim to I. Read more Read less. Here’s how terms and conditions apply.

When not reading, writing, or speaking, Montier can usually be fo James Montier is an expert in behavioral finance, argues that investors would have a greater chance of spotting the formation of bubbles if they could only brush up on their history and have a greater awareness of human psychology. Cashback within 3 days from shipment. Here is a monograph by James Montier: However, stories can be very misleading. Some of the mental pitfall and how to guard yourself against it.

It takes a bit of brainwashing At other times, the format leads to redundancies, as the same point will be reiterated in different client notes. I only took one star off because the Kindle version is loaded with grammatical and typographical errors. The rest is the truth. No guarantees are made as to the accuracy of the information on this site or the appropriateness of any advice to your particular situation.


Apr 04, Terry Koressel rated it it was ok. Offers time-tested ways to identify and avoid the pitfalls ofinvestor bias Author James Montier is one of the world’s foremost behavioralanalysts Discusses how to learn from our investment mistakes instead ofrepeating them Explores the behavioral principles that will allow you tomaintain a successful investment portfolio Written in a straightforward and accessible style, The LittleBook of Behavioral Investing will enable you to identify andeliminate behavioral traits that can hinder your investmentendeavors and show you how to go about achieving superior returnsin the process.

Every joke has a bit of a joke. Those who predict don’t have knowledge” from Lao Tzu. Oct 27, Chris rated it it was amazing. Behavioral finance, which recognizes that there is apsychological element to all investor decision-making, can help youovercome this obs A detailed guide to overcoming the most frequently encounteredpsychological pitfalls of investing Bias, emotion, and overconfidence are just three of the manybehavioral traits that can lead investors to lose money or achievelower returns.

Why should i own this investment?

Behavioral Investing – James Montier –

How can behavioural finance inform the investment process? Montier’s employer, Dresdner Kleinwort.

Good summary of Montier’s Behavioral investing book. The author explains the X-system and the C-system guts vs brains. It turns when all looks black, but just invewting subtle shade less black than the day before.

The efficient market hyposis is based on rational decisions.