The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy
Categories: Business & Money
Investment strategist James Montier explains how psychological biases lead investors to make costly mistakes. He describes common traps such as overconfidence, loss aversion, herding, the illusion of control and the tendency to follow stories, and shows how they hurt returns. Montier offers practical techniques for spotting and avoiding these errors, helping investors think more independently and stick to sound investment processes.
Recommended by 1 person
- Shane Parrish: “Will enable you to identify and eliminate behavioral traits that can hinder your investment endeavors and show you how to go about achieving superior returns in the process.”