In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces—the patterns of thinking and decision making—behind seemingly irrational behavior. Filled with fresh insight; practical advice; and lively, illustrative anecdotes, this book gives you the tools you need to harness the powerful science of behavioral economics in any financial environment.
Why Smart People Make Big Money Mistakes and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics #ad - They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don’t get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can’t sock away as much as they’d like, and why so many of us can’t control our spending.
How We Know What Isn't So: Fallibility of Human Reason in Everyday LifeFree Press #ad - In a rapidly changing world, the biases and stereotypes that help us process an overload of complex information inevitably distort what we would like to believe is reality. Thomas gilovich offers a wise and readable guide to the fallacy of the obvious in everyday life. When can we trust what we believe—that "teams and players have winning streaks, " that "flattery works, " or that "the more people who agree, the more likely they are to be right"—and when are such beliefs suspect? Thomas Gilovich offers a guide to the fallacy of the obvious in everyday life.
Awareness of our propensity to make these systematic errors, Gilovich argues, is the first step to more effective analysis and action. Illustrating his points with examples, and supporting them with the latest research findings, beliefs, and motivational processes that distort our thoughts, social, he documents the cognitive, judgments and decisions.
The Smartest Investment Book You'll Ever Read: The Proven Way to Beat the "Pros" and Take Control of Your Financial FutureTarcherPerigee #ad - Take control of your financial future now! What are you waiting for? this book will change the way you think about investing-and the results will prove it! "This is the simple hands-on, how-to and why book many readers have been looking for. Scott burns, syndicated columnist daniel solin cuts through the financial hype to show you exactly how to invest-with an easy-to-follow four-step plan that lets you create and monitor your investment portfolio in ninety minutes or less.
. And put your investment earnings in the top 5 percent of all professionally managed money. If you want to gamble, go to Las Vegas-or try stock picking and market timing. If you want to be a Smart Investor, follow this effortless and effective plan. The smartest investment book you'll ever read will provide the enlightenment and gumption to free yourself from the clutches of the investment industry and the wisdom and direction necessary to get yourself back on track.
The Smartest Investment Book You'll Ever Read: The Proven Way to Beat the "Pros" and Take Control of Your Financial Future #ad - William bernstein, author of a Splendid Exchange and The Four Pillars of Investing Every day you wait costs you money.
How to Lie with StatisticsW. W. Norton & Company #ad - Now even more indispensable in our data-driven world than it was when first published, How to Lie with Statistics is the book that generations of readers have relied on to keep from being fooled. If you want to outsmart a crook, learn his tricks—Darrell Huff explains exactly how in the classic How to Lie with Statistics.
From distorted graphs and biased samples to misleading averages, there are countless statistical dodges that lend cover to anyone with an ax to grind or a product to sell. With abundant examples and illustrations, Darrell Huff’s lively and engaging primer clarifies the basic principles of statistics and explains how they’re used to present information in honest and not-so-honest ways.
Nudge: Improving Decisions About Health, Wealth, and HappinessPenguin Books #ad - From the winner of the Nobel Prize in Economics, Richard H. But by knowing how people think, and our society, we can use sensible “choice architecture” to nudge people toward the best decisions for ourselves, our families, without restricting our freedom of choice. Sunstein show that no choice is ever presented to us in a neutral way, and that we are all susceptible to biases that can lead us to make bad decisions.
Thaler, and Cass R. Unfortunately, we often choose poorly. Thaler and harvard Law School professor Cass R. Sunstein: a revelatory look at how we make decisions—for fans of Malcolm Gladwell’s Blink and Daniel Kahneman’s Thinking, Fast and Slow* More than 1. 5 million copies sold* new york times bestseller * named a best book of the Year by The Economist and the Financial TimesEvery day we make choices—about what to buy or eat, about financial investments or our children’s health and education, even about the causes we champion or the planet itself.
Nudge: Improving Decisions About Health, Wealth, and Happiness #ad - Using dozens of eye-opening examples and drawing on decades of behavioral science research, Nobel Prize winner Richard H. Nudge is about how we make these choices and how we can make better ones.
Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You RichSimon & Schuster #ad - In the course of his research, Zweig visited leading neuroscience laboratories and subjected himself to numerous experiments. Then he draws lessons and offers original practical steps that investors can take to make wiser decisions. Zweig, a veteran financial journalist, a fascinating new discipline that combines psychology, draws on the latest research in neuroeconomics, neuroscience, and economics to better understand financial decision making.
He blends anecdotes from these experiences with stories about investing mistakes, including confessions of stupidity from some highly successful people. Anyone who has ever looked back on a financial decision and said, “How could I have been so stupid?” will benefit from reading this book. Drawing on the latest scientific research, Jason Zweig shows what happens in your brain when you think about money and tells investors how to take practical, simple steps to avoid common mistakes and become more successful.
Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich #ad - What happens inside our brains when we think about money? Quite a lot, actually, and some of it isn’t good for our financial health. Your money and your brain offers some radical new insights into investing and shows investors how to take control of the battlefield between reason and emotion. He shows why we often misunderstand risk and why we tend to be overconfident about our investment decisions.
Your money and Your Brain is as entertaining as it is enlightening. In your money and your brain, jason Zweig explains why smart people make stupid financial decisions—and what they can do to avoid these mistakes.
Against the Gods: The Remarkable Story of RiskWiley #ad - Against the gods chronicles the remarkable intellectual adventure that liberated humanity from oracles and soothsayers by means of the powerful tools of risk management that are available to us today. An extremely readable history of risk. Barron's"Fascinating. An engaging introduction to the oddsmakers, whom Bernstein regards as true humanists helping to release mankind from the choke holds of superstition and fatalism.
The new york times"An extraordinarily entertaining and informative book. The wall street Journal"A lively panoramic book. Against the gods sets up an ambitious premise and then delivers on it. Business week"deserves to be, and surely will be, widely read. The economist"a challenging book, one that may change forever the way people think about the world.
Against the Gods: The Remarkable Story of Risk #ad - Worth"no one else could have written a book of such central importance with so much charm and excitement. Robert heilbroner author, the worldly Philosophers"With his wonderful knowledge of the history and current manifestations of risk, Peter Bernstein brings us Against the Gods. I speak carefully: no one should miss it.
John kenneth galbraith professor of economics emeritus, harvard UniversityIn this unique exploration of the role of risk in our society, Peter Bernstein argues that the notion of bringing risk under control is one of the central ideas that distinguishes modern times from the distant past. Nothing like it will come out of the financial world this year or ever.
The Money GameOpen Road Media #ad - According to the author, the key to making wise, lucrative investments is knowing ourselves. Readers will learn about the safest types of investing, gleaning tips on stock movers, the key to following market trends, winners and losers, and how to capitalize growth, and much more. The best book there is about the stock market”—timeless investing basics by the host of the Emmy Award–winning show Adam Smith’s Money World The New York Times Book Review.
Smith’s irregular rules shatter common myths and misconceptions, revealing why nothing works all the time and illustrating how greed and fear fuel the market. Peppered with entertaining and prescient anecdotes, The Money Game analyzes who makes the really big money and explores the meaning of our desire to become rich.
The Money Game #ad - . This essential book takes readers to the Street to learn about the intricacies of money and how the stock market impacts every area of our lives. From selling short and buying long to wall Street’s crowd mentality, from what constitutes a random walk to why timing is everything, this is the definitive portrait of the Street, then and now.
In witty, easily accessible language, he shares pithy insights about the role of intuition and the psychology of guilt, arguing that there is no substitute for information.
The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in BetweenWiley #ad - Filled with in-depth insights and practical advice, how much to save, how to maintain discipline in the face of panics and manias, including: how to survive dealing with the investment industry, the practical meaning of market efficiency, The Investor's Manifesto will help you understand the nuts and bolts of executing a lifetime investment plan, and what vehicles to use to achieve financial security and freedom.
A timeless approach to investing wisely over an investment lifetime With the current market maelstrom as a background, in good times and bad, this timely guide describes just how to plan a lifetime of investing, discussing stocks and bonds as well as the relationship between risk and return. Bernstein, and planning investment decisions on that basis with the investor's manifesto as your guide, well known for his insights on how individual investors can manage their personal wealth and retirement funds wisely Examines how the financial landscape has radically altered in the past two years, and what investors should do about it Contains practical insights that the everyday investor can understand Focuses on the concept of Pascal's Wager-identifying and avoiding worst-case scenarios, you'll quickly discover the timeless investment approaches that can put you in a better position to prosper over time.
The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between #ad - Written by bestselling author William J.
Thinking, Fast and SlowFarrar, Straus and Giroux #ad - The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation—each of these can be understood only by knowing how the two systems shape our judgments and decisions.
Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble.
Major new york times bestsellerwinner of the national academy of sciences best book award in 2012selected by the new york times book review as one of the ten best books of 2011a globe and mail best books of the year 2011 titleOne of The Economist's 2011 Books of the Year One of The Wall Street Journal's Best Nonfiction Books of the Year 20112013 Presidential Medal of Freedom RecipientKahneman's work with Amos Tversky is the subject of Michael Lewis's The Undoing Project: A Friendship That Changed Our MindsIn the international bestseller, Daniel Kahneman, the renowned psychologist and winner of the Nobel Prize in Economics, Thinking, Fast and Slow, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think.
Thinking, Fast and Slow #ad - System 1 is fast, more deliberative, and emotional; System 2 is slower, intuitive, and more logical. Winner of the national academy of sciences best book award and the los Angeles Times Book Prize and selected by The New York Times Book Review as one of the ten best books of 2011, Thinking, Fast and Slow is destined to be a classic.
How to Think About MoneyJonathan Clements LLC #ad - Its beauty lies in the commonsense and wisdom that is summed up in just five simple steps that will help you to earn your financial independence. It’s an easy read that can result in changing the way readers look at investing and life. As someone who has written extensively about young people and money, I’d especially recommend the book to generations Y and Z.
Bogle, insight and commonsense to 'how to think About Money, founder, The Vanguard Group“Jonathan Clements brings his intelligence, ' which is packed with wisdom and great guidance. Read it and reap the rewards in the years and decades ahead. Eric tyson, author of "personal finance for dummies" and "investing for Dummies" “'How to Think About Money' is financial feng shui —a blueprint for harmonizing all the aspects of personal finance into a balanced way of approaching and managing money.
How to Think About Money #ad - How to think about money" is built around five key ideas:•Money can buy happiness, but we need to spend with great care. Most of us will enjoy an extraordinarily long life—and that has profound financial implications. We are hardwired for financial failure, so sensible money management takes great mental strength.
We need to bring order to our financial life—by focusing on our paycheck, or lack thereof. If we want to add to our wealth, we should strive to minimize the subtractions. There are those who think the goal of investing is to beat the market and amass as much wealth as possible, that street smarts and hard work ensure investment success, and that the road to happiness is paved with more of everything.