Behavioral Finance and Investment Management
by Arnold S. Wood
Publisher: Research Foundation Publications 2010
Number of pages: 180
Behavioral Finance and Investment Management is a portfolio of different insights by different authors -- all intended to help us make better choices. Each piece in some way touches on our biases, our embedded beliefs, and considers how these biases and beliefs can help as well as hinder our decisions.
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People can benefit greatly, when they decide to follow investment strategies that are: 1) savings-driven, 2) thoroughly diversified, 3) completely passive, 4) risk-adjusted, 5) cost-effective, and 6) tax-efficient. These factors are all interrelated.
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