Investing and the Irrational Mind: Rethink Risk, Outwit Optimism, and Seize Oppo

Description: Investing and the Irrational Mind: Rethink Risk, Outwit Optimism, and Seize Opportunities Others Miss by Robert Koppel An acclaimed expert on behavioral finance shows traders and investors how to overcome debilitating emotions, irrational biases, and investment fallacies. FORMAT Hardcover LANGUAGE English CONDITION Brand New Publisher Description Make RATIONAL decisions in the IRRATIONAL world of investing"Readers will find within these pages new truths that will help transform their thinking. This is more relevant than the latest strategies, trading systems, or technical chart formations."--William J. Brodsky, Chairman and CEO, Chicago Board Options Exchange"Koppel offers pioneering insights, backed by substantial research, that help explain how psychology influences financial decisions and drives markets. Investing and the Irrational Mind is a must-read for both the professional and nonprofessional investor."--Robin Mesch, President, Mesch Capital Management"If there is truth to the Yiddish proverb that man plans and God laughs, read Investing and the Irrational Mind to gain an essential understanding of what to do with your stocks and bonds when God is cracking up. As the sages advised, All the rest is commentary."--Yra Harris, CME Group member, President of Praxis Trading, and author of the daily investment blog Notes from the Underground"Investing and the Irrational Mind explains the psychological barriers to making good investment decisions--and more importantly how to overcome them. Koppel shows the dangers of our own habit-driven behavior, biases, and heuristics and how they lead us to violate our own investment axioms."--Alexander Abell, Director, BlackRock, Inc."Investing is fraught with uncertainty, which gives rise to psychological issues that investors ignore at their peril. Bob Koppel has written a fascinating, entertaining, and comprehensive examination of this multifaceted area of inquiry. If you invest for a living, or even if youre just a student of the psychology of self, you will find beneficial insights in the pages of this book."--A. Thomas Shanks, President and CEO, Hawksbill Capital ManagementAbout the BookMost investors are driven by greed and panicked by fear, which is why so many lose so much during market upheavals. Its also why so few gain so much. What separates the winners from the losers? People who remain calm, focused, and analytical during market ups and downs always come out on top--and snatch the losses of those who panic.Investing and the Irrational Mind gives you the tools for overcoming the self-destructive impulses that stand between you and profit. Behavioral finance expert Robert Koppel reveals why your brain sends certain negative messages during the investing process. Applying the latest advances in neuroeconomics and insights from top traders, he provides a program for building the habits used by the worlds most successful investors.Investing and the Irrational Mind teaches you how to:Identify negative, self-defeating patterns of thoughtTailor your goals according to your particular investing psychologyDevelop a framework for overcoming irrational thoughts in investment decisionsUse one of your most powerful investing tools--intuitionThe investing world operates by the law of the jungle, with a new surprise lurking around every corner. How often have you abandoned a perfectly sound investing strategy because you panicked? "Success requires focused concentration that permits an unbiased perception of the market," writes Koppel. "All we can ever control is ourselves, but that is more than enough."Armed with 30 years of experience as an analyst and fund manager, Koppel helps you develop a focused, disciplined, confident, and profitable approach to investing using the best tool at your disposal: your brain. Filled with surprising insights into human behavior and rock-solid financial advice, Investing and the Irrational Mind helps you draw consistent profits in an inconsistent investing world. Notes Subtitled, Rethink Risk, Outwit Optimism, & Seize Opportunities Others Miss. Helps traders and investors by using neuroeconomics. Author Biography Robert Koppel is a former member of the Chicago Mercantile Exchange (CME), a hedge fund partner, and president of his own division at Rand Financial. The author of numerous books on the psychology of trading, Koppel was the senior business writer for Onmoney.com. His work has appeared in the national financial press and been featured on CNN, CNBC, and NPR. Table of Contents Introduction;Chapter 1. Trading Coaches, Gurus and Salesman;Chapter 2. The Brain at Risk;Chapter 3. The Market: Its a Jungle Out There;Chapter 4. Things Fall Apart;Chapter 5. The Intuitive Edge;Chapter 6. Biases;Chapter 7. Fallacies;Chapter 8. Illusions;Chapter 9. Paradoxes;Chpater 10. Meet Gordon Gekko;Chapter 11. Tales of the Fallen;Chapter 12. Leaping Out of the Planes;Chapter 13. Nudge: Choice Architecture For Your Brain;Chapter 14. Beta, Delta, Value at Risk;Chapter 15. The Constant Challenge Description for Bookstore Behavioral finance expert and bestselling author Robert Koppel shows traders and investors how to invest your money rationally, even in an irrational world"Investing," according to Robert Koppel, "Involves far more than specific analytical and strategic skills. It requires the development of habits, thought patterns and creative attitudes that influence the way to think and act in the market." InInvesting and the Irrational Mind, Koppel, author of the classic bestseller,The Inner Game of Trading,uses the latest advancements in behavioral finance and neuroeconomics to help you gain these habits, as well as the deep understanding of market risk factors necessary to successful portfolio building.Armed with 30 years experience as an analyst, and fund manager, and interviews with top traders, behavioral economists, risk managers and neuroscientists, Koppel lets you build a personal arsenal of risk management skills ("quantitative architecture") necessary for investors at any level to develop a focused, disciplined, confident, and profitable approach to investing. Filled with surprising insights into human behavior, and rock-solid financial advice, this is the guide you need to invest in todays markets. Details ISBN0071753370 Short Title INVESTING & THE IRRATIONAL MIN Language English ISBN-10 0071753370 ISBN-13 9780071753371 Media Book Format Hardcover Year 2011 Imprint McGraw-Hill Professional Country of Publication United States DEWEY 332.6 Author Robert Koppel Residence Chicago, IL, US Series Business Books UK Release Date 2011-05-16 Publication Date 2011-05-16 AU Release Date 2011-05-16 NZ Release Date 2011-05-16 US Release Date 2011-05-16 Pages 304 Publisher McGraw-Hill Education - Europe Audience Professional & Vocational Illustrations 0 Illustrations We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:36297624;

Price: 95.58 AUD

Location: Melbourne

End Time: 2024-12-27T15:11:32.000Z

Shipping Cost: 0 AUD