000 03904nam a2200433 a 4500
001 EBC817502
003 MiAaPQ
005 20240120133010.0
006 m o d |
007 cr cn|||||||||
008 110923s2012 njuacd s 001 0 eng d
010 _z 2011039271
020 _z9781118014325 (hardback)
020 _a9781118182277 (electronic bk.)
035 _a(MiAaPQ)EBC817502
035 _a(Au-PeEL)EBL817502
035 _a(CaPaEBR)ebr10518636
035 _a(CaONFJC)MIL340166
035 _a(OCoLC)768082639
040 _aMiAaPQ
_cMiAaPQ
_dMiAaPQ
050 4 _aHG4515.15
_b.P66 2012
082 0 4 _a332.601/9
_223
100 1 _aPompian, Michael M.,
_d1963-
245 1 0 _aBehavioral finance and wealth management
_h[electronic resource] :
_bhow to build investment strategies that account for investor biases /
_cMichael M. Pompian.
250 _a2nd ed.
260 _aHoboken, N.J. :
_bWiley,
_c2012.
300 _axxiii, 324 p. :
_bports.
490 1 _aWiley finance series
500 _aIncludes index.
505 0 _apt. 1. Introduction to behavioral finance -- pt. 2. Belief perseverance biases defined and illustrated -- pt. 3. Information processing biases defined and illustrated -- pt. 4. Emotional biases defined and illustrated -- pt. 5. Application of behavioral finance to asset allocation and case studies -- pt. 6. Behavioral investor types.
520 _a"The book that applies behavioral finance to the real worldUnderstanding how to use behavioral finance theory in investing is a hot topic these days. Nobel laureate Daniel Kahneman has described financial advising as a prescriptive activity whose main objective should be to guide investors to make decisions that serve their best interests. The reality? That's easier said than done. In the Second Edition of Behavioral Finance and Wealth Management, Michael Pompian takes a practical approach to the growing science of behavioral finance, and puts it to use for real investors. He applies knowledge of 20 of the most prominent individual investor biases into "behaviorally-modified" asset allocation decisions. Offering investors and financial advisors a "self-help" book, Pompian shows how to create investment strategies that leverage the latest cutting edge research into behavioral biases of individual investors. This book: Shows investors and financial advisors how to either moderate or adapt to behavioral biases, in order to improve investment results and identifies "the best practical allocation" for investment portfolios. Using these two sound approaches for guiding investment decision-making, behavioral biases are incorporated into the portfolio management process Uses updated cases studies to show investors and financial advisors how an investor's behavior can be modified to improve investment decision-making Provides useable methods for creating behaviorally modified investment portfolios, which may help investors to reach their long term financial goals Heightens awareness of biases so that financial decisions and resulting economic outcomes are improved Offers advice on managing the effects of each bias in order to improve investment results This Second Edition illustrates investors' behavioral biases in detail and offers financial advisors and their clients practical advice about how to apply the science of behavioral finance to improve overall investment decision making"--
_cProvided by publisher.
533 _aElectronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
650 0 _aInvestments
_xPsychological aspects.
650 0 _aInvestments
_xDecision making.
655 4 _aElectronic books.
710 2 _aProQuest (Firm)
830 0 _aWiley finance series.
856 4 0 _uhttps://ebookcentral.proquest.com/lib/bacm-ebooks/detail.action?docID=817502
_zClick to View
999 _c71680
_d71680