{"product_id":"investor-types-9781118011508","title":"Investor Types","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eAchieve investing success by understanding your behavior type\u003c\/b\u003e  \u003cp\u003eThis groundbreaking book shows how to invest wisely by managing your behavior, and not just your money. Step by step, Michael Pompian (a leading authority in the practical application of Behavioral Finance concepts to wealth management) helps you plan a strategy targeted to your personality. The book includes a test for determining your investment type and offers strategies you can put into use when investing. It also includes a brief history of the stock market, and easy-to-comprehend information about stocks and investing to help you lay a solid foundation for your investment decisions.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eBehavioral Finance and Investor Types\u003c\/i\u003e is divided into two parts. Test Your Type, gives 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. The book includes a quiz to help you discover what category you are in\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eForeword xi\u003c\/p\u003e \u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003eAcknowledgments xxi\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART ONE Introduction to Behavioral Finance 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 1 Why Reaching Financial Goals Is Difficult 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNonfinancial Examples of Self-Defeating Behavior 4\u003c\/p\u003e \u003cp\u003eFinancial Examples of Self-Defeating Behavior 8\u003c\/p\u003e \u003cp\u003eSummary 11\u003c\/p\u003e \u003cp\u003eNotes 12\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 2 Overview of Behavioral Finance 13\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBehavioral Finance: Micro versus Macro 14\u003c\/p\u003e \u003cp\u003eStandard Finance versus Behavioral Finance 15\u003c\/p\u003e \u003cp\u003eThe Role of Behavioral Finance with Private Clients 22\u003c\/p\u003e \u003cp\u003ePractical Applications 22\u003c\/p\u003e \u003cp\u003eNotes 24\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 3 The Building Blocks: Behavioral Biases 25\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCognitive Biases 27\u003c\/p\u003e \u003cp\u003eEmotional Biases 38\u003c\/p\u003e \u003cp\u003eSummary 43\u003c\/p\u003e \u003cp\u003eNotes 44\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART TWO Personality Theory 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 4 Introduction to Personality Theory 47\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHistory of Personality Theory 48\u003c\/p\u003e \u003cp\u003eFour Main Personality Theories 50\u003c\/p\u003e \u003cp\u003eNotes 65\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 5 The History of Personality Testing 67\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTypes of Personality Tests 67\u003c\/p\u003e \u003cp\u003eSummary 77\u003c\/p\u003e \u003cp\u003eNotes 77\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 6 The Behavioral Investor Type Framework 79\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReviewing the Original Process 81\u003c\/p\u003e \u003cp\u003eThe Behavioral Alpha Process: A Top-Down Approach 81\u003c\/p\u003e \u003cp\u003eUpdates to the Previous Model 85\u003c\/p\u003e \u003cp\u003eUpdated BIT Theory and Application 87\u003c\/p\u003e \u003cp\u003eSummary 89\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 7 Behavioral Investor Type Diagnostic Testing 91\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStep 1: BIT Orientation Quiz 92\u003c\/p\u003e \u003cp\u003eStep 2: Bias Identification Quiz 94\u003c\/p\u003e \u003cp\u003eSummary 100\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART THREE Explanation of the Behavioral Investor Types 101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 8 The Preserver 103\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUpside\/Downside Analysis 104\u003c\/p\u003e \u003cp\u003eBias Analysis 105\u003c\/p\u003e \u003cp\u003eOther Biases 107\u003c\/p\u003e \u003cp\u003eAdvice for Preservers 109\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 9 The Follower 111\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUpside\/Downside Analysis 112\u003c\/p\u003e \u003cp\u003eBias Analysis 113\u003c\/p\u003e \u003cp\u003eOther Biases 117\u003c\/p\u003e \u003cp\u003eAdvice for Followers 119\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 10 The Independent 121\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUpside\/Downside Analysis 122\u003c\/p\u003e \u003cp\u003eBias Analysis 123\u003c\/p\u003e \u003cp\u003eAdvice for Independents 133\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 11 The Accumulator 135\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUpside\/Downside Analysis 136\u003c\/p\u003e \u003cp\u003eBias Analysis 137\u003c\/p\u003e \u003cp\u003eOther Biases 141\u003c\/p\u003e \u003cp\u003eAdvice for Accumulators 144\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART FOUR Plan and Act 147\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 12 Capital Markets and Asset Classes 149\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOverview of Asset Classes 150\u003c\/p\u003e \u003cp\u003ePublicly Traded Equity Investments (Stocks) 154\u003c\/p\u003e \u003cp\u003eFixed Income Investments (Bonds) 163\u003c\/p\u003e \u003cp\u003eHedge Funds 172\u003c\/p\u003e \u003cp\u003eReal Assets 176\u003c\/p\u003e \u003cp\u003eSimple Portfolio Construction 180\u003c\/p\u003e \u003cp\u003eSummary 182\u003c\/p\u003e \u003cp\u003eNotes 182\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 13 What Is Asset Allocation? 183\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Importance of Assumptions 185\u003c\/p\u003e \u003cp\u003eThe Importance of Strategic Asset Allocation 186\u003c\/p\u003e \u003cp\u003eConsiderations for Individual Investors 188\u003c\/p\u003e \u003cp\u003eWhy Asset Allocation Is So Important 197\u003c\/p\u003e \u003cp\u003eSummary 200\u003c\/p\u003e \u003cp\u003eNotes 200\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 14 Financial Planning: A Crucial Step 201\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Is Financial Planning? 202\u003c\/p\u003e \u003cp\u003eWorking with a Financial Planner 203\u003c\/p\u003e \u003cp\u003eWhat Is a Certified Financial Planner? 205\u003c\/p\u003e \u003cp\u003eWho Can Provide Financial Planning Services? 209\u003c\/p\u003e \u003cp\u003eSummary 212\u003c\/p\u003e \u003cp\u003eNotes 213\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 15 Investment Advice for Each Behavioral Investor Type 215\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFoundations of Best Practical Allocation 216\u003c\/p\u003e \u003cp\u003eGuidelines for Determining When to Moderate and When to Adapt 217\u003c\/p\u003e \u003cp\u003eBest Practical Allocation for Preservers 219\u003c\/p\u003e \u003cp\u003eBest Practical Allocation for Followers 222\u003c\/p\u003e \u003cp\u003eBest Practical Allocation for Independents 224\u003c\/p\u003e \u003cp\u003eBest Practical Allocation for Accumulators 227\u003c\/p\u003e \u003cp\u003eSummary 229\u003c\/p\u003e \u003cp\u003eNote 230\u003c\/p\u003e \u003cp\u003eIndex 231\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49406820417879,"sku":"9781118011508","price":43.5,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781118011508.jpg?v=1730497225","url":"https:\/\/bookcurl.com\/products\/investor-types-9781118011508","provider":"Book Curl","version":"1.0","type":"link"}