"We all share behavioral traits that are major roadblocks to intelligent financial decisions. Bottom line: if you really want to achieve investment success, understand yourself and eliminate or minimize these traits. This book will help you do exactly that." -- John C. Bogle, Founder, Vanguard Funds
"What Investors Really Want enables us to "post mortem" the financial decisions of ourselves and others. The book is extremely valuable for theory, as a survey of how the human animal makes financial decisions, and for the practice of making smarter financial decisions." --Harry M. Markowitz, Rady School of Management, University of California, San Diego; winner, Nobel Memorial Prize in Economic Sciences
"In investing, we are often our own worst enemies. Meir Statman, an expert in behavioral finance, explains the common errors to which we are prone and helps us make smarter decisions about our investments." --Burton Malkiel, bestelling author of A Random Walk Down Wall Street
"A masterly review of the many pitfalls and challenges facing market participants today, written by one of the founders of the field of behavioral finance. This volume should be required reading for all investors and their financial advisors " --Andrew W. Lo, Harris & Harris Group Professor of Finance at the MIT Sloan School of Management
"What a gem Meir Statman is a wise and engaging teacher, and after reading his book, I will be a wiser, better, less anxious investor." --Don Ezra, co-chair, global consulting, Russell Investments, and co-author of Pension Fund Excellence and The Retirement Plan Solution
"The first step to good investing is always the same, 'know thyself'. If you read this book and don't recognize a lot of yourself in it, you're just not paying attention " --Cliff Asness, founding and managing principal, AQR Capital Management LLC
"Meir Statman, a leading light of behavioral finance, shines the bright light of modern neuropsychology on all the mental demons that conspire to make you poor. He'll make you laugh, he'll make you cry and, best of all, he'll improve your bottom line." --William Bernstein, bestselling author of The Intelligent Asset Allocator
Combining the new field of behavioral finance with the real world of investing, this engaging new book explores the mind-sets and motivations behind the major money decisions--and most common mistakes--that investors make every day. With insider's insight, and a storyteller's voice, behavioral finance expert Meir Statman reveals What Investors Really Want . . .
Investors want bigger profits with lower risks. How our desire for free investment lunches can leave us with no lunches
Investors want to play and win. How our desire to win the investment game can turn us into losers
Investors want to save money for tomorrow and spend it today. How we struggle between spending too much and spending too little
Investors want status, respect, and social responsibility. How to know what's really important in life
Investors do not want to face financial losses. How to recognize and confront the regret that accompanies losses
You'll also learn how age, gender, genetics, and personality affect your investment decisions and how people of different countries and cultures think about risks and returns, poverty, and wealth. You'll discover how behavioral finance provides key insights into the behavior that has rocked investment markets in recent years. And, most important, you'll learn to recognize the desires, thoughts, and emotions that drive your own investment decisions--so you can drive better on your road to investment success.
Описание: Today's modern portfolio theory is not your father's MPT. It has undergone many changes in the past fifty years. Indeed, a new understanding of MPT has emerged, one that has a significant impact on managing asset allocation--especially in today's turbulent markets. Dynamic Asset Allocation interprets and integrates the developments in modern portfolio theory: from the efficient-market hypothesis and indexing of decades past to strategies for building winning portfolios today. The book is filled with practical, hands-on advice for investors, including guidance on approaching investment as a risk-management task. "Picerno's look at modern portfolio theory's evolution offers a timely reminder that the design and management of asset allocation is still the critical element for successful investing." -- Harold Evensky, CFP President, Evensky & Katz Wealth Management "What Peter Bernstein did for the history of portfolio theory in "Capital Ideas," Picerno does for its real-world application. He captures the nuanced soup of theory, markets, and investor behavior better than any other writer on investing." -- Patrick Geddes Cofounder and Chief Investment Officer, Aperio Group Former CFO and Director of Quantitative Research, Morningstar Inc. "Picerno puts the tires to the pavement on Peter Bernstein's 2003 proclamation that the policy portfolio is dead. Picerno masterfully articulates the implications that follow from the notion that although the market portfolio may be efficient, markets may not be." -- Rodney N. Sullivan, CFA Editor, "Financial Analysts Journal "at CFA Institute ""Dynamic Asset Allocation "is cogently written in a very readable style. James Picerno presents readers with a wonderful history of the developments in asset allocation and then profides an excellent frameword for investors to utitilize the discipline of asset allocation in their own portfolio-composition process. Any serious investor will want to have this book in their library." -- Gary P. Brinson President, GP Brinson Investments
Описание: Praise for "Free Cash Flow and Shareholder Yield" includes: ""Free Cash Flow and Shareholder Yield" provides a provocative solution to the profound
paradigm shift now redefining valuation standards for markets around the globe. In commonsense terms, it defines how the investment community has begun the journey of shifting to
the more dependable, robust metric of free cash flow." - Rob Brown, Chief Investment Officer, Genworth Financial Asset Management, Inc. This graph tells a singularly compelling story
of the changing order of the drivers of total equity returns.
In "Free Cash Flow and Shareholder Yield", you will learn how this story is the key to informed investing in an
evolving global marketplace.
Описание: This book gives the reader an extensive overview of the reasons real estate is a better long-term investment than the stock market. Based on his extensive experience as both a Professor of Accounti and a successful real estat investor, author Nicholas Masters helps the small investor get started in creating a real estate portfolio, with guidance on evaluating properties, calculating long-term profits, negotiating, and financing.
Описание: The Indomitable Investor deconstructs the stock market that is perceived by the public, and reconstitutes it into the mosaic that is experienced by people who dominate the market. The book synthesizes critical ideas, insights, and experiences that forge the good trader quote. The material in the book is used every day by professional investors and by Wall Streets banks to transfer the risk of investing to everyone else. Readers will learn key points, including: Why history repeats itself in the stock market, and how to break the eternal cycle of boom and bust that is the misery of almost all investors. Improve investment returns by learning habits and disciplines used by Wall Streets top traders and investors. Increase investment returns by focusing on risk, not potential profits. Use the stock markets historical patterns to calibrate and optimize investment decisions against Wall Streets hidden calendar. Key relationships between stocks, indexes and commodities that telegraph what will happen to stocks, and the broader market.
Описание: Behavioral Investing Profiles shows you how to invest by managing your behavior, and not just your money. This book helps you plan a strategy for your personality in two comprehensive parts. Before introducing the two parts, there is a brief history of the stock market, and you'll see its many ups and downs, which will give you a broader understanding of how it all works. You'll also get easy-to-comprehend information about stocks and investing to help you lay a solid foundation for your investment decisions. In Part One: Test Your Type, you'll get an overview of Behavioral Finance as well as the elements that come into play when figuring out BIT, like active or passive traits, risk tolerance, and biases. You'll also take quiz to discover what your type is. Then, in Part Two: Plan and Act, you'll gain a better understanding of what makes your type tick as you discover the traits common to your type; analyze and understand the biases associated with your type; and gain strategies and solutions that compliment and capitalize on your BIT.
Автор: Guimard Anne Название: Investor Relations ISBN: 1137337397 ISBN-13(EAN): 9781137337399 Издательство: Springer Рейтинг: Цена: 5609 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This practical guide on the theory and practice of Investor Relations combines the art and science of marketing, financial analysis, and financial communications in a single source. It offers expert advice and helpful tips to be used in real business life by corporate executives, financial analysts, students, and anyone competing for capital.
Автор: Rieves Ralph Название: Investor Relations For the Emerging Company ISBN: 0230341969 ISBN-13(EAN): 9780230341968 Издательство: Springer Рейтинг: Цена: 5609 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Investor Relations for the Emerging Company provides enduring advice, insight, and procedures that will help companies communicate, legally and ethically, their commitment to enhancing shareholder value. This revised edition updates Sarbanes-Oxley; Frank-Dodd act and new governance regulations.
Описание: Helps fledgling public company officers and directors prepare for the business task of convincing investors of their company`s value. This book provides all the answers, from describing the various organizations, institutions, mechanics and behaviors of capital markets to clarifying the requirements and best practices for reporting and disclosure.
Описание: A practical guide to proactive investor relations (IR) Investor relations (IR) has traditionally been an administrative function within corporate communications, responsible for disseminating public information and answering investor and media questions. Using Investor Relations to Maximize Equity Valuation challenges this approach, by arguing that IR has been underutilized and then illustrating how it should be elevated to lead a strategic communications effort to preserve or enhance corporate value and lower a company's cost of capital. Divided into four comprehensive parts, this book clearly describes capital markets strategies and tactical operations that these former, senior-level equity analysts and portfolio managers employ. Chad A. Jacobs (Westport, CT) and Thomas M. Ryan (Westport, CT) are the cofounders and co-CEOs of Integrated Corporate Relations.
Автор: Guimard, Anne Название: Investor relations ISBN: 0230221084 ISBN-13(EAN): 9780230221086 Издательство: Springer Рейтинг: Цена: 22347 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This practical guide on the theory and practice of Investor Relations combines the art and science of marketing, financial analysis and financial communications in a single source. It offers expert advice and helpful tips to be used in real business life by corporate executives, financial analysts, students, and anyone competing for capital.