Behavioral finance and wealth management: how to build investment strategies that account for investor biases
Gespeichert in:
1. Verfasser: | |
---|---|
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Hoboken, N.J.
Wiley
2012
|
Ausgabe: | 2nd ed |
Schlagworte: | |
Beschreibung: | Includes index "The book that applies behavioral finance to the real worldUnderstanding how to use behavioral finance theory in investing is a hot topic these days. Nobel laureate Daniel Kahneman has described financial advising as a prescriptive activity whose main objective should be to guide investors to make decisions that serve their best interests. The reality? That's easier said than done. In the Second Edition of Behavioral Finance and Wealth Management, Michael Pompian takes a practical approach to the growing science of behavioral finance, and puts it to use for real investors. He applies knowledge of 20 of the most prominent individual investor biases into "behaviorally-modified" asset allocation decisions. Offering investors and financial advisors a "self-help" book, Pompian shows how to create investment strategies that leverage the latest cutting edge research into behavioral biases of individual investors. This book: Shows investors and financial advisors how to either moderate or adapt to behavioral biases, in order to improve investment results and identifies "the best practical allocation" for investment portfolios. Using these two sound approaches for guiding investment decision-making, behavioral biases are incorporated into the portfolio management process Uses updated cases studies to show investors and financial advisors how an investor's behavior can be modified to improve investment decision-making Provides useable methods for creating behaviorally modified investment portfolios, which may help investors to reach their long term financial goals Heightens awareness of biases so that financial decisions and resulting economic outcomes are improved Offers advice on managing the effects of each bias in order to improve investment results This Second Edition illustrates investors' behavioral biases in detail and offers financial advisors and their clients practical advice about how to apply the science of behavioral finance to improve overall investment decision making"-- |
Beschreibung: | 1 Online-Ressource (xxiii, 324 p.) |
ISBN: | 9781118014325 9781118182277 |
Internformat
MARC
LEADER | 00000nmm a2200000zc 4500 | ||
---|---|---|---|
001 | BV040868029 | ||
003 | DE-604 | ||
005 | 00000000000000.0 | ||
007 | cr|uuu---uuuuu | ||
008 | 130311s2012 |||| o||u| ||||||eng d | ||
020 | |a 9781118014325 |9 978-1-118-01432-5 | ||
020 | |a 9781118182277 |9 978-1-118-18227-7 | ||
035 | |a (OCoLC)773578664 | ||
035 | |a (DE-599)BVBBV040868029 | ||
040 | |a DE-604 |b ger |e aacr | ||
041 | 0 | |a eng | |
082 | 0 | |a 332.601/9 |2 23 | |
100 | 1 | |a Pompian, Michael M. |e Verfasser |4 aut | |
245 | 1 | 0 | |a Behavioral finance and wealth management |b how to build investment strategies that account for investor biases |c Michael M. Pompian |
250 | |a 2nd ed | ||
264 | 1 | |a Hoboken, N.J. |b Wiley |c 2012 | |
300 | |a 1 Online-Ressource (xxiii, 324 p.) | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
500 | |a Includes index | ||
500 | |a "The book that applies behavioral finance to the real worldUnderstanding how to use behavioral finance theory in investing is a hot topic these days. Nobel laureate Daniel Kahneman has described financial advising as a prescriptive activity whose main objective should be to guide investors to make decisions that serve their best interests. The reality? That's easier said than done. In the Second Edition of Behavioral Finance and Wealth Management, Michael Pompian takes a practical approach to the growing science of behavioral finance, and puts it to use for real investors. He applies knowledge of 20 of the most prominent individual investor biases into "behaviorally-modified" asset allocation decisions. Offering investors and financial advisors a "self-help" book, Pompian shows how to create investment strategies that leverage the latest cutting edge research into behavioral biases of individual investors. | ||
500 | |a This book: Shows investors and financial advisors how to either moderate or adapt to behavioral biases, in order to improve investment results and identifies "the best practical allocation" for investment portfolios. | ||
500 | |a Using these two sound approaches for guiding investment decision-making, behavioral biases are incorporated into the portfolio management process Uses updated cases studies to show investors and financial advisors how an investor's behavior can be modified to improve investment decision-making Provides useable methods for creating behaviorally modified investment portfolios, which may help investors to reach their long term financial goals Heightens awareness of biases so that financial decisions and resulting economic outcomes are improved Offers advice on managing the effects of each bias in order to improve investment results This Second Edition illustrates investors' behavioral biases in detail and offers financial advisors and their clients practical advice about how to apply the science of behavioral finance to improve overall investment decision making"-- | ||
505 | 0 | |a pt. 1. Introduction to behavioral finance -- pt. 2. Belief perseverance biases defined and illustrated -- pt. 3. Information processing biases defined and illustrated -- pt. 4. Emotional biases defined and illustrated -- pt. 5. Application of behavioral finance to asset allocation and case studies -- pt. 6. Behavioral investor types | |
533 | |a Online-Ausgabe |n Available via World Wide Web | ||
650 | 4 | |a Psychologie | |
650 | 4 | |a Investments / Psychological aspects | |
650 | 4 | |a Investments / Decision making | |
650 | 0 | 7 | |a Anlageverhalten |0 (DE-588)4214003-1 |2 gnd |9 rswk-swf |
689 | 0 | 0 | |a Anlageverhalten |0 (DE-588)4214003-1 |D s |
689 | 0 | |8 1\p |5 DE-604 | |
776 | 0 | 8 | |i Reproduktion von |a Pompian, Michael M. |t Behavioral finance and wealth management |d 2012 |
912 | |a ZDB-38-EBR | ||
999 | |a oai:aleph.bib-bvb.de:BVB01-025847919 | ||
883 | 1 | |8 1\p |a cgwrk |d 20201028 |q DE-101 |u https://d-nb.info/provenance/plan#cgwrk |
Datensatz im Suchindex
_version_ | 1804150155003297792 |
---|---|
any_adam_object | |
author | Pompian, Michael M. |
author_facet | Pompian, Michael M. |
author_role | aut |
author_sort | Pompian, Michael M. |
author_variant | m m p mm mmp |
building | Verbundindex |
bvnumber | BV040868029 |
collection | ZDB-38-EBR |
contents | pt. 1. Introduction to behavioral finance -- pt. 2. Belief perseverance biases defined and illustrated -- pt. 3. Information processing biases defined and illustrated -- pt. 4. Emotional biases defined and illustrated -- pt. 5. Application of behavioral finance to asset allocation and case studies -- pt. 6. Behavioral investor types |
ctrlnum | (OCoLC)773578664 (DE-599)BVBBV040868029 |
dewey-full | 332.601/9 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.601/9 |
dewey-search | 332.601/9 |
dewey-sort | 3332.601 19 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
edition | 2nd ed |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>03885nmm a2200457zc 4500</leader><controlfield tag="001">BV040868029</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">130311s2012 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781118014325</subfield><subfield code="9">978-1-118-01432-5</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781118182277</subfield><subfield code="9">978-1-118-18227-7</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)773578664</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV040868029</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">332.601/9</subfield><subfield code="2">23</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Pompian, Michael M.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Behavioral finance and wealth management</subfield><subfield code="b">how to build investment strategies that account for investor biases</subfield><subfield code="c">Michael M. Pompian</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">2nd ed</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Hoboken, N.J.</subfield><subfield code="b">Wiley</subfield><subfield code="c">2012</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (xxiii, 324 p.)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Includes index</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">"The book that applies behavioral finance to the real worldUnderstanding how to use behavioral finance theory in investing is a hot topic these days. Nobel laureate Daniel Kahneman has described financial advising as a prescriptive activity whose main objective should be to guide investors to make decisions that serve their best interests. The reality? That's easier said than done. In the Second Edition of Behavioral Finance and Wealth Management, Michael Pompian takes a practical approach to the growing science of behavioral finance, and puts it to use for real investors. He applies knowledge of 20 of the most prominent individual investor biases into "behaviorally-modified" asset allocation decisions. Offering investors and financial advisors a "self-help" book, Pompian shows how to create investment strategies that leverage the latest cutting edge research into behavioral biases of individual investors. </subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">This book: Shows investors and financial advisors how to either moderate or adapt to behavioral biases, in order to improve investment results and identifies "the best practical allocation" for investment portfolios. </subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Using these two sound approaches for guiding investment decision-making, behavioral biases are incorporated into the portfolio management process Uses updated cases studies to show investors and financial advisors how an investor's behavior can be modified to improve investment decision-making Provides useable methods for creating behaviorally modified investment portfolios, which may help investors to reach their long term financial goals Heightens awareness of biases so that financial decisions and resulting economic outcomes are improved Offers advice on managing the effects of each bias in order to improve investment results This Second Edition illustrates investors' behavioral biases in detail and offers financial advisors and their clients practical advice about how to apply the science of behavioral finance to improve overall investment decision making"--</subfield></datafield><datafield tag="505" ind1="0" ind2=" "><subfield code="a">pt. 1. Introduction to behavioral finance -- pt. 2. Belief perseverance biases defined and illustrated -- pt. 3. Information processing biases defined and illustrated -- pt. 4. Emotional biases defined and illustrated -- pt. 5. Application of behavioral finance to asset allocation and case studies -- pt. 6. Behavioral investor types</subfield></datafield><datafield tag="533" ind1=" " ind2=" "><subfield code="a">Online-Ausgabe</subfield><subfield code="n">Available via World Wide Web</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Psychologie</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Investments / Psychological aspects</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Investments / Decision making</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Anlageverhalten</subfield><subfield code="0">(DE-588)4214003-1</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Anlageverhalten</subfield><subfield code="0">(DE-588)4214003-1</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="8">1\p</subfield><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Reproduktion von</subfield><subfield code="a">Pompian, Michael M.</subfield><subfield code="t">Behavioral finance and wealth management</subfield><subfield code="d">2012</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-38-EBR</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-025847919</subfield></datafield><datafield tag="883" ind1="1" ind2=" "><subfield code="8">1\p</subfield><subfield code="a">cgwrk</subfield><subfield code="d">20201028</subfield><subfield code="q">DE-101</subfield><subfield code="u">https://d-nb.info/provenance/plan#cgwrk</subfield></datafield></record></collection> |
id | DE-604.BV040868029 |
illustrated | Not Illustrated |
indexdate | 2024-07-10T00:34:25Z |
institution | BVB |
isbn | 9781118014325 9781118182277 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-025847919 |
oclc_num | 773578664 |
open_access_boolean | |
physical | 1 Online-Ressource (xxiii, 324 p.) |
psigel | ZDB-38-EBR |
publishDate | 2012 |
publishDateSearch | 2012 |
publishDateSort | 2012 |
publisher | Wiley |
record_format | marc |
spelling | Pompian, Michael M. Verfasser aut Behavioral finance and wealth management how to build investment strategies that account for investor biases Michael M. Pompian 2nd ed Hoboken, N.J. Wiley 2012 1 Online-Ressource (xxiii, 324 p.) txt rdacontent c rdamedia cr rdacarrier Includes index "The book that applies behavioral finance to the real worldUnderstanding how to use behavioral finance theory in investing is a hot topic these days. Nobel laureate Daniel Kahneman has described financial advising as a prescriptive activity whose main objective should be to guide investors to make decisions that serve their best interests. The reality? That's easier said than done. In the Second Edition of Behavioral Finance and Wealth Management, Michael Pompian takes a practical approach to the growing science of behavioral finance, and puts it to use for real investors. He applies knowledge of 20 of the most prominent individual investor biases into "behaviorally-modified" asset allocation decisions. Offering investors and financial advisors a "self-help" book, Pompian shows how to create investment strategies that leverage the latest cutting edge research into behavioral biases of individual investors. This book: Shows investors and financial advisors how to either moderate or adapt to behavioral biases, in order to improve investment results and identifies "the best practical allocation" for investment portfolios. Using these two sound approaches for guiding investment decision-making, behavioral biases are incorporated into the portfolio management process Uses updated cases studies to show investors and financial advisors how an investor's behavior can be modified to improve investment decision-making Provides useable methods for creating behaviorally modified investment portfolios, which may help investors to reach their long term financial goals Heightens awareness of biases so that financial decisions and resulting economic outcomes are improved Offers advice on managing the effects of each bias in order to improve investment results This Second Edition illustrates investors' behavioral biases in detail and offers financial advisors and their clients practical advice about how to apply the science of behavioral finance to improve overall investment decision making"-- pt. 1. Introduction to behavioral finance -- pt. 2. Belief perseverance biases defined and illustrated -- pt. 3. Information processing biases defined and illustrated -- pt. 4. Emotional biases defined and illustrated -- pt. 5. Application of behavioral finance to asset allocation and case studies -- pt. 6. Behavioral investor types Online-Ausgabe Available via World Wide Web Psychologie Investments / Psychological aspects Investments / Decision making Anlageverhalten (DE-588)4214003-1 gnd rswk-swf Anlageverhalten (DE-588)4214003-1 s 1\p DE-604 Reproduktion von Pompian, Michael M. Behavioral finance and wealth management 2012 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Pompian, Michael M. Behavioral finance and wealth management how to build investment strategies that account for investor biases pt. 1. Introduction to behavioral finance -- pt. 2. Belief perseverance biases defined and illustrated -- pt. 3. Information processing biases defined and illustrated -- pt. 4. Emotional biases defined and illustrated -- pt. 5. Application of behavioral finance to asset allocation and case studies -- pt. 6. Behavioral investor types Psychologie Investments / Psychological aspects Investments / Decision making Anlageverhalten (DE-588)4214003-1 gnd |
subject_GND | (DE-588)4214003-1 |
title | Behavioral finance and wealth management how to build investment strategies that account for investor biases |
title_auth | Behavioral finance and wealth management how to build investment strategies that account for investor biases |
title_exact_search | Behavioral finance and wealth management how to build investment strategies that account for investor biases |
title_full | Behavioral finance and wealth management how to build investment strategies that account for investor biases Michael M. Pompian |
title_fullStr | Behavioral finance and wealth management how to build investment strategies that account for investor biases Michael M. Pompian |
title_full_unstemmed | Behavioral finance and wealth management how to build investment strategies that account for investor biases Michael M. Pompian |
title_short | Behavioral finance and wealth management |
title_sort | behavioral finance and wealth management how to build investment strategies that account for investor biases |
title_sub | how to build investment strategies that account for investor biases |
topic | Psychologie Investments / Psychological aspects Investments / Decision making Anlageverhalten (DE-588)4214003-1 gnd |
topic_facet | Psychologie Investments / Psychological aspects Investments / Decision making Anlageverhalten |
work_keys_str_mv | AT pompianmichaelm behavioralfinanceandwealthmanagementhowtobuildinvestmentstrategiesthataccountforinvestorbiases |