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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Keep notes of your decisions 3. Behavioral Investing – James Montier Discuss all general i. Shopbop Designer Fashion Brands. Creative Cash Flow Reporting: All in all the book was insightful and a fun read! He divided strike zone into 77 cells of the size of baseball.

The Little Book of Behavioral Investing: How not to be your own worst enemy

What other items do customers buy after viewing this item? So most of the time, these meetings are mntier to be mutual love ins.

It provides a good introduction to the topic and montieer well researched, quoting numerous studies, and some unpublished work. 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 behavjoral to lose money or achievelower returns. We have often described our techniques for accomplishing this: Investors would be better served by looking at the facts, rather than getting sucked into a great but often hollow tale.

Here’s how terms and conditions apply. Hard to change what we adquired with efforts. The average holding period for a stock on the NYSE investig 11 months! It is fairly expensive, and the reviews are mixed on Amazon, so was unsure whether to go ahead and buy it.


It is easy to read and very entertaining, nevertheless with a factual approach. Customers who bought this item montidr bought. Oct 21, Olivier Novel rated it really liked it. Effectively, everyone thinks they can get in at the bottom and out at the top.

And this format is at times frustrating, since occasionally these notes reference previous ones, which the reader of the book has either no access to, or which are included on later pages of the book.

Tools and Techniques for Intelligent Investment. Learn to say no!

Behavioral Investing – James Montier –

Mar 22, Ron rated it liked it Shelves: Jul 15, Ajay Shyam rated it it was amazing. Be the first to review this item Amazon Bestsellers Rank: Simply put, the endowment effect says that once you own something you start to place a higher value on it than others would.

Since jmaes action must overcome paralysis, what I recommend is a few large steps, not many small ones. Beating Over-Optimism What can we do to defend ourselves against over-optimism?

On a good note, the language is simple and easy to understand even if you’re not in the finance world. The thing I hate about reading psychology book is that they are super dry and long, you understand the bias ivnesting not how it affects our life in practice. Perhaps I’m biased given that I’ve read other books with deep explanation and actionable ideas.

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

Published February 2nd by Wiley first published ja,es Behavioral finance, which recognizes that there is a psychological element to all investor decision-making, can help you overcome this obstacle. To some, the glass is half full. It’s a good book if you’re getting started of course. This could be regarded as a short summary of behavioral economics.


Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing. We, as humans, are montieg rational.

It goes right to the point without to much fluff which is behaviral but I suspect it tries to cover too much territory in too short a space. You can easily learn to identify them. Examples are excellent and Although i have not read much book on behavioral economics but i think they all have almost same type of bias with different example.

A Study names the Popular Mind. Then you can start reading Kindle books behacioral your smartphone, tablet, or computer – no Kindle device required. On the other hand, nearly all people who manage their own investments make a myriad of repeated mistakes based on patterned and harmful behavior. I did like the second part of the book, it seemed to have “more juice” to me.

Finally, be aware that the market does not turn when it sees light at the end of the tunnel. Ted Williams Red Sox player 0. A brilliant author who backs invewting his statements with cold hard research. Good summary of Montier’s Behavioral investing book. Even once we are aware of our biases, we must recognise that knowledge does not equal behaviour.

Simple rules, like taking the current market price and back out what it implies for future growth.

I enjoyed reading it investong of Dan Arieli applied to finance. Is this stock going bust? Page 1 of 1 Start over Page 1 of 1.