Author: Harlan D. Platt
Publisher: Thomson South-Western
ISBN:
Category : Business & Economics
Languages : en
Pages : 168
Get Book Here
Book Description
Counterintuitive Investing is a unique book which combines cutting-edge academic investment research with street-smart ideas to improve investment performance. The book's central thesis is supported by results from a major academic research project that reveals the substantial upside potential from a counterintuitive investment program. (Counterintuitive refers to doing the opposite of what is considered "normal or typical"; it implies investors who march to a different drummer).The power of the book comes from its foundation, which is based on an academic research project conducted at Northeastern University by Harlan Platt. To that end, the author compiled an extensive and systematic data set of stock trades, which were thoroughly tested using rigorous statistical tools. The book shares these important results with the reader while keeping the presentation readable and more practical.
Author: Michael J. Mauboussin
Publisher: Harvard Business Review Press
ISBN: 1422155544
Category : Business & Economics
Languages : en
Pages : 224
Get Book Here
Book Description
No matter your field, industry, or specialty, as a leader you make a series of crucial decisions every single day. And the harsh truth is that the majority of decisions—no matter how good the intentions behind them—are mismanaged, resulting in a huge toll on organizations, the people they employ, and even the people they serve. So why is it so hard to make sound decisions? In Think Twice, now in paperback, Michael Mauboussin argues that we often fall victim to simplified mental routines that prevent us from coping with the complex realities inherent in important judgment calls. Yet these cognitive errors are preventable. In this engaging book, Mauboussin shows us how to recognize and avoid common mental missteps. These include misunderstanding cause-and-effect linkages, not considering enough alternative possibilities in making a decision, and relying too much on experts. Through vivid stories, the author presents memorable rules for avoiding each error and explains how to recognize when you should “think twice”—questioning your reasoning and adopting decision-making strategies that are far more effective, even if they seem counterintuitive. Armed with this awareness, you'll soon begin making sounder judgment calls that benefit (rather than hurt) your organization.
Author: Simon Ardiss
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 102
Get Book Here
Book Description
This book is written for Investors in early stage ventures (Business Angels) to help them improve the success ratio of their investments. The background of the issue we want to solve is that on average 7 out of 10 funded ventures fail despite the fact that most of the investors are successful managers or entrepreneurs. This means that a being a good manager or good ex-entrepreneur does not increase the chances of being a good investor in early stage ventures.Having been part of many syndicates (groups of investors joining in a venture), it has struck me that so many good and experienced managers had totally opposing views as investors on what the founders of their investment should do. I myself, as a board member representing different investors, have had difficulty in selecting which investors were giving me the most reliable opinions to transmit to the founders of our investment. However, none of these investors could have been judged as novice managers or entrepreneurs. They are all successful and experienced.What I then learnt over the years, was that not all we learn in our own traditional companies applies to current start-ups and more importantly too many aspects are actually counter intuitive, meaning that we are induced to do the contrary of what we should do.As a profound believer in the start-up ecosystem, I have made it my mission to help professionalise the sector and help investors approach angel investing with more knowledge. Ultimately, I hope this directs more investments to the better start-ups rather than to those the least likely to succeed.100% of the proceeds of this book will be destined to medical research on PSP (Progressive Supranuclear Palsy) a rare neurological disease.
Author: Steve Cortes
Publisher: John Wiley & Sons
ISBN: 1118205863
Category : Business & Economics
Languages : en
Pages : 210
Get Book Here
Book Description
CNBC's Fast Money Commentator Steve Cortes shows how to buck the trend and become a well-informed investor The public needs to think independently and not be duped, particularly because those who are selling their messages or promoting their ideas have a plethora of powerful media through which to do so. Against the Herd presents six contrarian views of major events that will shape the future. Steve Cortes of CNBC pulls no punches in explaining these trends. Many will find his views counterintuitive and even controversial. Some will find his forecasts alarming. But open-minded readers who are willing to heed his well-informed advice will find it illuminating, beneficial, and profitable. Steve Cortes presents six contrarian views of major events that will shape the future for investors including the fall of China and the end of the golden era of free trade The contrarian stances are presented because they are actionable Reveals how these events will affect global markets and specific investments, and how and when to take advantage of these key moves Against the Herd shows you how to profit by bucking conventional wisdom and what to do to get ready when situations call for contrarian investing.
Author: Kenneth L. Fisher
Publisher: John Wiley & Sons
ISBN: 111809154X
Category : Business & Economics
Languages : en
Pages : 246
Get Book Here
Book Description
Sir John Templeton, legendary investor, was famous for saying, "The four most dangerous words in investing are, 'This time it's different.'" He knew that though history doesn't repeat, not exactly, history is an excellent guide for investors. In Markets Never Forget But People Do: How Your Memory Is Costing You Money and Why This Time Isn't Different, long-time Forbes columnist, CEO of Fisher Investments, and 4-time New York Times bestselling author Ken Fisher shows how and why investors' memories fail them—and how costly that can be. More important, he shows steps investors can take to begin reducing errors they repeatedly make. The past is never indicative of the future, but history can be one powerful guide in shaping forward looking expectations. Readers can learn how to see the world more clearly—and learn to make fewer errors—by understanding just a bit of investing past.
Author: Rupal J. Bhansali
Publisher: Columbia University Press
ISBN: 0231549768
Category : Business & Economics
Languages : en
Pages : 320
Get Book Here
Book Description
At a time when many proclaim the death of active investing, Rupal J. Bhansali, global contrarian, makes a clarion call for its renaissance. Non-consensus thinking has resulted in breakthrough successes in science, sports, and Silicon Valley. Bhansali shows how to apply it to the world of investing to improve one’s odds of achieving above-average returns with below-average risks. Her upside-down investment approach focuses on avoiding losers instead of picking the winners, asking the right questions instead of knowing the right answers, and scoring upset victories to achieve the greatest bang for one’s research buck. Through a series of counterintuitive concepts and contemporary case studies from her firsthand experience of investing in fifty markets around the globe, Bhansali describes how to perform differentiated fundamental research to uncover mispriced stocks. She candidly shares her failures and mistakes as well as her successes and triumphs. She also weaves in her personal journey, recounting how she overcame the odds to succeed in a male-dominated profession and offering advice on breaking the glass ceiling. Non-Consensus Investing is a must-read for anyone who seeks to understand why active investing disappointed and how it can succeed—analysts and amateurs, fiduciaries and financial advisors, aspiring and practicing money managers, as well as students or investment enthusiasts.
Author: James Montier
Publisher: John Wiley & Sons
ISBN: 0470687797
Category : Business & Economics
Languages : en
Pages : 740
Get Book Here
Book Description
Behavioural investing seeks to bridge the gap between psychology and investing. All too many investors are unaware of the mental pitfalls that await them. Even once we are aware of our biases, we must recognise that knowledge does not equal behaviour. The solution lies is designing and adopting an investment process that is at least partially robust to behavioural decision-making errors. Behavioural Investing: A Practitioner’s Guide to Applying Behavioural Finance explores the biases we face, the way in which they show up in the investment process, and urges readers to adopt an empirically based sceptical approach to investing. This book is unique in combining insights from the field of applied psychology with a through understanding of the investment problem. The content is practitioner focused throughout and will be essential reading for any investment professional looking to improve their investing behaviour to maximise returns. Key features include: The only book to cover the applications of behavioural finance An executive summary for every chapter with key points highlighted at the chapter start Information on the key behavioural biases of professional investors, including The seven sins of fund management, Investment myth busting, and The Tao of investing Practical examples showing how using a psychologically inspired model can improve on standard, common practice valuation tools Written by an internationally renowned expert in the field of behavioural finance
Author: David Dreman
Publisher: Simon and Schuster
ISBN: 0743297962
Category : Business & Economics
Languages : en
Pages : 498
Get Book Here
Book Description
Introduces important new findings in psychology to demonstrate why most investment strategies are flawed, outlining atypical strategies designed to prevent over- and under-valuations while crash-proofing a portfolio.
Author: Steve Cortes
Publisher:
ISBN: 9781118373347
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Anthony Gallea
Publisher: Prentice Hall Press
ISBN: 9780735200005
Category : Investments
Languages : en
Pages : 0
Get Book Here
Book Description
Accessible and suitable for both the professional investor or the newcomer to the market, "Contrarian Investing"includes a series of codified trading rules that focus on increasing returns while attempting to avoid risk.
