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John R. Nofsinger
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The Psychology of Investing: United States Edition Paperback – 29 December 2012

by John R. Nofsinger (Author)
3.8 out of 5 stars 18
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The Psychology of Investing
The Psychology of Investing
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A supplement for undergraduate and graduate Investments courses.

See the decision-making process behind investments.

The Psychology of Investing is the first text of its kind to delve into the fascinating subject of how psychology affects investing. Its unique coverage describes how investors actually behave, the reasons and causes of that behavior, why the behavior hurts their wealth, and what they can do about it.

Features:

What really moves the market: Understanding the psychological aspects.

Traditional finance texts focus on developing the tools that investors use for calculating risk and return. The Psychology of Investing is one of the first texts to delve into how psychology affects investing rather than solely focusing on traditional financial theory. This text’s material, however, does not replace traditional investment textbooks but complements them, helping students become better informed investors who understand what motivates the market.

Keep learning consistent: Most of the chapters are organized in a similar succession.

This approach adheres to following order:
-A psychological bias is described and illustrated with everyday behavior
-The effect of the bias on investment decisions is explained
-Academic studies are used to show why investors need to remedy the problem


Growing with the subject matter: Current and fresh information.

Because data on investor psychology is rapidly increasing, the fifth edition contains many new additions to keep students up-to-date.
The new Chapter 12: Psychology in the Mortgage Crisis describes the psychology involved in the mortgage industry and ensuing financial crisis.
New sections and sub-sections include “Buying Back Stock Previously Sold”, “Who Is Overconfident,” "Nature or Nurture?”, "Preferred Risk Habitat," "Market Impacts," "Language," and “Reference Point Adaptation.”

Previous page
  1. Print length
    160 pages
  2. Language
    English
  3. Publisher
    Routledge
  4. Publication date
    29 December 2012
  5. Dimensions
    18.42 x 0.64 x 22.23 cm
  6. ISBN-10
    9780132994897
  7. ISBN-13
    978-0132994897
  8. See all details
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Product description

From the Publisher

John Nofsinger is a Professor of Finance and the Nihoul Faculty Fellow in Finance at Washington State University. He is one of the world's leading experts in behavioral finance and is a frequent speaker on this topic at investment management conferences, universities, and academic conferences. He has often been quoted or appeared in the financial media, including The Wall Street Journal, Financial Times, Fortune, Business Week, Smart Money, Money Magazine, Washington Post, Bloomberg, Nightly Business Report (NBR), and CNBC, and other media from The Dolans to TheStreet.com.

He has authored/coauthored eight trade books, textbooks, and scholarly books that have been translated into seven different languages. John is also a highly successful scholar. He has published more than 30 articles in prestigious scholarly journals (like the Journal of Finance and Journal of Business) and practitioner journals (like the Financial Analysts Journal and Journal of Wealth Management). He has also conducted research for groups such as private investment firms, the New York Stock Exchange, the CFA Institute, and policy think-tanks. His academic research activities have won many awards.

About the Author

John Nofsinger is a Professor of Finance and the Nihoul Faculty Fellow in Finance at Washington State University. He is one of the world's leading experts in behavioral finance and is a frequent speaker on this topic at investment management conferences, universities, and academic conferences. He has often been quoted or appeared in the financial media, including The Wall Street Journal, Financial Times, Fortune, Business Week, Smart Money, Money Magazine, Washington Post, Bloomberg, Nightly Business Report (NBR), and CNBC, and other media from The Dolans to TheStreet.com.

He has authored/coauthored eight trade books, textbooks, and scholarly books that have been translated into seven different languages. John is also a highly successful scholar. He has published more than 30 articles in prestigious scholarly journals (like the Journal of Finance and Journal of Business) and practitioner journals (like the Financial Analysts Journal and Journal of Wealth Management). He has also conducted research for groups such as private investment firms, the New York Stock Exchange, the CFA Institute, and policy think-tanks. His academic research activities have won many awards.

Product details

  • ASIN ‏ : ‎ 0132994895
  • Publisher ‏ : ‎ Routledge; 5th edition (29 December 2012)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 160 pages
  • ISBN-10 ‏ : ‎ 9780132994897
  • ISBN-13 ‏ : ‎ 978-0132994897
  • Dimensions ‏ : ‎ 18.42 x 0.64 x 22.23 cm
  • Customer Reviews:
    3.8 out of 5 stars 18

About the author

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John R. Nofsinger

John R. Nofsinger

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Dr. Nofsinger is one of the world’s leading experts in behavioral finance. He has authored/coauthored fourteen finance trade books, textbooks, and scholarly books that have been translated into eleven languages. He also a prolific scholar who has published over 70 articles in prestigious scholarly journals and practitioner journals. Dr. Nofsinger is also a frequent speaker on behavioral and financial topics.

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Amazon Customer
5.0 out of 5 stars Very Interesting and Useful Book !
Reviewed in Germany on 7 July 2017
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I had the translated 4th Edition of this Book, so I was really glad when I was able to also acquire the 5th Edition of this Book in Original form (English). It offers a summary of multiple Economical studies and relates the findings to Human Behavior. Once read a person could do better Investment decisions or even better Home Budget planning/Vacation Budget spending. I recommend it not only for Readers of Business Literature, but also for the People who would want to know how to manage their Home income better. I myself bought the book initially by the recommendation of an Economist. And I'm not an Economist by Education, but the book is written in understandable and clear Language, with plenty of sources and references.
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Amazon Customer
4.0 out of 5 stars Four Stars
Reviewed in the United States on 20 March 2017
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All expectations met regarding delivery time and quality
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Marc
5.0 out of 5 stars A great primer on Behavioral finance and the current research in the field.
Reviewed in the United States on 2 March 2013
Verified Purchase
Good quick read that covers all the bases. Written in a very accessible style. Bought this book for an investing class but this should be the first book any investor reads.
8 people found this helpful
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Reed Noble
4.0 out of 5 stars I've made worse purchases.
Reviewed in the United States on 5 October 2015
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It was a book. Condition was as advertised. I've made worse purchases.
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