Finance for normal people: how investors and markets behave
Author:
Publisher:
Oxford University Press
Pub. Date:
Varies, see individual formats and editions
Language:
English
Description
"Finance for Normal People teaches behavioral finance to people like you and me - normal people, neither rational nor irrational. We are consumers, savers, investors, and managers - corporate managers, money managers, financial advisers, and all other financial professionals. The book guides us to know our wants-including hope for riches, protection from poverty, caring for family, sincere social responsibility and high social status. It teaches financial facts and human behavior, including making cognitive and emotional shortcuts and avoiding cognitive and emotional errors such as overconfidence, hindsight, exaggerated fear, and unrealistic hope. And it guides us to banish ignorance, gain knowledge, and increase the ratio of smart to foolish behavior on our way to what we want. These lessons of behavioral finance draw on what we know about us-normal people-including our wants, cognition, and emotions. And they draw on the roles of these factors in saving and spending, portfolio construction, returns we can expect from our investments, and whether we can hope to beat the market. 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. Its foundation blocks include normal behavior, behavioral portfolio theory, behavioral life-cycle theory, behavioral asset pricing theory, and behavioral market efficiency."--
"Behavioral finance is finance for normal people, like you and me. This book is also about transformation from normal-ignorant to normal-knowledgeable, learning the lessons of behavioral finance and applying them to banish ignorance, gain knowledge, and increase the ratio of smart to stupid behavior on our way to what we want. This book offers behavioral finance as a unified structure that incorporates parts of standard finance, replaces others, and includes bridges between theory, evidence, and practice"--
"Behavioral finance is finance for normal people, like you and me. This book is also about transformation from normal-ignorant to normal-knowledgeable, learning the lessons of behavioral finance and applying them to banish ignorance, gain knowledge, and increase the ratio of smart to stupid behavior on our way to what we want. This book offers behavioral finance as a unified structure that incorporates parts of standard finance, replaces others, and includes bridges between theory, evidence, and practice"--
More Details
ISBN:
9780190626471
9780190057121
9780190057121
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Grouping Information
Grouped Work ID | 71556ea8-acfb-ea50-82dd-c3a77e7e336d |
---|---|
Grouping Title | finance for normal people how investors and markets behave |
Grouping Author | meir statman |
Grouping Category | book |
Grouping Language | English (eng) |
Last Grouping Update | 2024-04-30 02:27:19AM |
Last Indexed | 2024-05-01 23:13:41PM |
Solr Fields
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0
accelerated_reader_reading_level
0
author
Statman, Meir
author_display
Statman, Meir
display_description
"Finance for Normal People teaches behavioral finance to people like you and me - normal people, neither rational nor irrational. We are consumers, savers, investors, and managers - corporate managers, money managers, financial advisers, and all other financial professionals. The book guides us to know our wants-including hope for riches, protection from poverty, caring for family, sincere social responsibility and high social status. It teaches financial facts and human behavior, including making cognitive and emotional shortcuts and avoiding cognitive and emotional errors such as overconfidence, hindsight, exaggerated fear, and unrealistic hope. And it guides us to banish ignorance, gain knowledge, and increase the ratio of smart to foolish behavior on our way to what we want. These lessons of behavioral finance draw on what we know about us-normal people-including our wants, cognition, and emotions. And they draw on the roles of these factors in saving and spending, portfolio construction, returns we can expect from our investments, and whether we can hope to beat the market. 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. Its foundation blocks include normal behavior, behavioral portfolio theory, behavioral life-cycle theory, behavioral asset pricing theory, and behavioral market efficiency."--
"Behavioral finance is finance for normal people, like you and me. This book is also about transformation from normal-ignorant to normal-knowledgeable, learning the lessons of behavioral finance and applying them to banish ignorance, gain knowledge, and increase the ratio of smart to stupid behavior on our way to what we want. This book offers behavioral finance as a unified structure that incorporates parts of standard finance, replaces others, and includes bridges between theory, evidence, and practice"--
format_category_eh
Books
format_eh
Book
id
71556ea8-acfb-ea50-82dd-c3a77e7e336d
isbn
9780190057121
9780190626471
9780190626471
itype_eh
ADULT BOOK
ADULT PAPERBACK
ADULT PAPERBACK
last_indexed
2024-05-02T05:13:41.971Z
lexile_score
-1
literary_form
Non Fiction
literary_form_full
Non Fiction
primary_isbn
9780190626471
publishDate
2017
2019
2019
publisher
Oxford University Press
recordtype
grouped_work
subject_facet
Economics -- Psychological aspects
Finance, Personal
Saving and investment -- Psychological aspects
Finance, Personal
Saving and investment -- Psychological aspects
title_display
Finance for normal people : how investors and markets behave
title_full
Finance for normal people : how investors and markets behave / Meir Statman
title_short
Finance for normal people
title_sub
how investors and markets behave
topic_facet
Economics
Finance, Personal
Psychological aspects
Saving and investment
Finance, Personal
Psychological aspects
Saving and investment
Solr Details Tables
item_details
Bib Id | Item Id | Shelf Loc | Call Num | Format | Format Category | Num Copies | Is Order Item | Is eContent | eContent Source | eContent URL | Detailed Status | Last Checkin | Location |
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ils:.b25730381 | .i60900192 | North Haven Adult Nonfiction | 332.024 Statman, Meir | 1 | false | false | On Shelf | nhan |
record_details
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---|---|---|---|---|---|---|---|---|
ils:.b2745678x | Book | Books | English | Oxford University Press | 2019 | 471 pages : illustrations ; 24 cm | ||
ils:.b25730381 | Book | Books | English | Oxford University Press | [2017] | 471 pages : illustrations ; 24 cm |
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ils:.b25730381 | .i60900192 | On Shelf | On Shelf | false | true | true | false | false | false | 9999 |