This book describes the important psychological biases that influence investment decisions. By recognizing, understanding, and avoiding these problems, investors can minimize the negative effects on their wealth.
Nofsinger identifies the most common investor mistakes through the prism of the world's most public investment catastrophes. Using other people's money and other people's disasters, "Investment Blunders" teaches a wide range of critical lessons every investor must learn.
A practical guide to making more informed investment decisions Investors often buy or sell stocks too quickly. When you base your purchase decisions on isolated facts and don't take the time to thoroughly understand the businesses you are buying, stock-price swings and third-party opinion can lead to costly investment mistakes. Your decision making at this point becomes dangerous because it is dominated by emotions. The Investment Checklist has been designed to help you develop an in-depth research process, from generating and researching investment ideas to assessing the quality of a business and its management team. The purpose of The Investment Checklist is to help you implement a principled investing strategy through a series of checklists. In it, a thorough and comprehensive research process is made simpler through the use of straightforward checklists that will allow you to identify quality investment opportunities. Each chapter contains detailed demonstrations of how and where to find the information necessary to answer fundamental questions about investment opportunities. Real-world examples of how investment managers and CEOs apply these universal principles are also included and help bring the concepts to life. These checklists will help you consider a fuller range of possibilities in your investment strategy, enhance your ability to value your investments by giving you a holistic view of the business and each of its moving parts, identify the risks you are taking, and much more. Offers valuable insights into one of the most important aspects of successful investing, in-depth research Written in an accessible style that allows aspiring investors to easily understand and apply the concepts covered Discusses how to think through your investment decisions more carefully With The Investment Checklist, you'll quickly be able to ascertain how well you understand your investments by the questions you are able to answer, or not answer, without making the costly mistakes that usually hinder other investors.
Build Seven-Figure Financial Security without Ever Picking, Buying, or Selling A Single Stock! Most people think that you have to buy and sell the right stocks at the right time to make big money on Wall Street. In this enlightening, entertaining guide, veteran financial commentator Dr. Paul Farrell shows you how to grow a seven-figure nest egg without midnight jitters, time-consuming study, or paying a nickel in commissions to stockbrokers and others who get their piece of the pie by helping themselves to a chunk of yours. "Market timing is for chumps," says Dr. Farrell. "You want a portfolio that works without you having to sit through any schooling about what to buy, when to sell, how to mix and allocate, what to pay, where the heck the economy and the market are going." Now one book teaches you how to create and use that kind of portfolio-where the only excitement you get is from the millionaire's nest egg you collect in the end...
The authors teach readers about the new rules of investing, which include investing with inflation-protected bonds, reaching retirement goals, and investing safely for college.
One of the world's leading investment researchers runs the numbers on some of today's most widely touted strategies, objectively answering the questions brokers cannot answer and presents exactly what works and what doesn't.
Earning a significant salary as an investment consultant in Amsterdam isn't enough to satisfy Andy's insatiable hunger for success. His true passion ignites when he spots an opportunity on the stock exchange to steal millions from the firm's clients. Driven by ambition, brainwashed by social media influencers, and the lure of extraordinary wealth, Andy assembles a team of experts to execute the perfect heist: Jack, a professional fighter with a talent for stealing high-end luxury watches, and the beautiful Millie, who knows how to manipulate wealthy individuals. Together, they craft a meticulous plan—investment capital, new identities, offshore bank accounts, crypto wallets, and well-chosen hideouts—all designed to ensure they live their dreams. The stakes are sky high, but success promises an extraordinary retirement—a life of luxury, fast cars, and the desirable women they've always dreamed of. Pulling off such a grand scheme is only the first challenge. Staying under the radar as the authorities close in is just the beginning. As whispers of their success spread, a new, more dangerous threat emerges—far greater than the law. Now, with both legal forces and deadly criminals hunting them down, the team faces difficult choices and terrifying risks. Where can they hide? How long can they stay one step ahead? Is there more to life than financial freedom, or has Andy's pursuit of wealth trapped him in a life more dangerous than he ever imagined? In this gripping financial thriller, danger lurks around every corner. Packed with high-stakes drama, intrigue, and non-stop suspense, this novel explores how far people are willing to go for money, success, and the ultimate reward: freedom.
When we deal in the financial markets are we investing, speculating or gambling? Does it really matter what we call it? As this book shows, the world of finance is not an easily defined game. Simple labels, such as gambling and speculation, won't help us grasp the underlying forces that drive the markets. It's far more important to understand the behaviour and biases of the players - their actions and motivations are the vital components that drive everything; bubbles, crashes, huge fortunes, reckless borrowing and complex instruments and strategies, all flow from this simple fact. And the markets are not just an external object, to be studied dispassionately under a microscope. How we act within our inner self, and apply our own set of risk and reward values to the seeming chaos of the market, is absolutely crucial. Clearly whatever games that are going on in the market are also going on inside our heads. In this fully updated and revised edition, Gerald Ashley gets to the heart of the financial markets. He draws on a wealth of revealing and instructive market insights, stories and anecdotes, challenges all the tired cliches about speculation, and slaughters many of the outdated sacred cows of finance. The book ranges across all the major asset classes, looks at past masters of the art, examines modern thinking on finance and risk, and assesses the value of experts, economists, chartists, market gurus and analysts. Simple examples are used to explain how the basic tools of finance fit together and how to profit in this often complex and unforgiving landscape.