Finance for Normal People: How Investors and Markets Behave
| Author | : | |
| Rating | : | 4.16 (835 Votes) |
| Asin | : | 019062647X |
| Format Type | : | paperback |
| Number of Pages | : | 488 Pages |
| Publish Date | : | 2014-03-13 |
| Language | : | English |
DESCRIPTION:
Yet, despite Statman's real-world approach, his book remains rigorous and evidenced by the very best research." - Alex Edmans, Professor of Finance at London Business School "Behavioral finance pioneer Meir Statman describes normal people who care about investment profits but also about how investments make them look and feel. Normal investors want financial benefits from their investment but they also want expressive and emotional benefits on the way to their life goals. Literally covering the field of Behavioral Finance fr
Statman consults with many investment companies and presents his work to academics and professionals in the U.S. A recipient of three Baker IMCA Journal Awards, the Moskowitz Prize for Best Paper on Socially Responsible Investing, and three Graham and Dodd Awards. Meir Statman is the Glenn Klimek Professor of Finance at the Leavey School of Business, San
Chapter 1 provides great explanation about Normal People This book is very interesting and helpful for finance student. Chapter 1 provides great explanation about Normal People. And all concepts are easy to understand. The ideas in this book and its analytical approach have inspired me, and I would recommend the book to anyone when it is published. Chapter 2 refers a lot of references and gives readers a perfect and professional experience. There is a logical order and clear relationship among all points. And I appreciate the author’s expression. Chapt. Chengfu Zhou said A wonderful behavioral finance book for college educators. Dr. Meir Statman is one of the fathers of "behavioral finance." He has pioneered and developed the field of behavioral finance during the past three decades. "Finance for Normal People" is the latest book of Dr. Statman that presents a comprehensive introduction about the current state of "behavioral finance." It is written in plain English and very easy to follow. The text comes with many real world examples to deliver the concepts to readers even without a strong background in finance. Part one of th. Personal Financial Decision Making Examined Finance for Normal People provides an incredibly detailed analysis of the biases and tendencies of the average investor. Given many of these tendencies are based on an individual's make up regarding risk taking, often there is a large "sub conscience" aspect to investing. The second half of the book focuses on how to avoid traps or pitfalls, but moreover helps an investor "work with" your own biases in order to achieve goals. I found myself reading a chapter, then trying to self-evaluate my own thinkin
Its foundation blocks include normal behavior, behavioral portfolio theory, behavioral life-cycle theory, behavioral asset pricing theory, and behavioral market efficiency.. Meir Statman, a founder of behavioral finance, draws on his extensive research and the research of many others to build a unified structure of behavioral finance. We are consumers, savers, investors, and managers - corporate managers, money managers, financial advisers, and all other financial professionals. It teaches financial facts and human behavior, including making cognitive and