The Intelligent Fund Investor
Practical steps for better results in active and passive funds
By Joe Wiggins
The Intelligent Fund Investor
Practical steps for better results in active and passive funds
By Joe Wiggins
Jacket text
Investing in funds is not straightforward. We are faced with a countless range of options and constantly distracted by meaningless noise and turbulent markets. To make matters worse, our flawed beliefs and behavioural biases lead to repeated and costly mistakes, such as a damaging obsession with past performance and a dangerous attraction to thematic funds.
There is a solution—a more intelligent way to invest in funds.
In The Intelligent Fund Investor, experienced portfolio manager and behavioural finance expert Joe Wiggins brings simplicity and clarity to fund investing. Each chapter of this fascinating and highly readable book focuses on a vital element of investing in funds—exploring how and why investors can get it badly wrong, and providing direct, actionable steps for better results.
Joe reveals: why we should avoid investing with star managers; how to decide between active and passive funds; why we should beware of smooth performance and captivating stories; why risk is far more than just volatility; the importance of a long time horizon; and much, much more.
Using a combination of stories, empirical evidence and experience, Joe gives all fund investors—active and passive—what they need to reassess their beliefs, understand their biases, and make better investment decisions.
About the author
Joe Wiggins has worked in the mutual fund industry since 2004; holding senior portfolio management and fund selection roles at some of the United Kingdom’s largest asset and wealth managers. He is the author of the successful investment blog: behaviouralinvestment.com. Its distinctive focus on investor behaviour and decision making has reached a worldwide audience. He is a specialist in behavioural finance and in 2017 completed a Master’s degree in Behavioural Science from the London School of Economics, for which he received the Brian Abel-Smith prize for outstanding performance.
Media coverage
From Beyond Expertise:
We created this episode to increase awareness about introversion and how it plays a role in investing. Joe talks very openly about his personal experiences and how he found his way in the asset management industry. But we also look at this topic from a leadership perspective: what can managers do to create an environment… Read more »
From Evidence Based Investor:
Financial markets are narrative generating machines. Not only does modern technology mean that we have more stories being created than ever, but they are effortlessly disseminated and amplified. Add to this the ability trade in an instant and we truly have a toxic behavioural concoction. There are no easy solutions here. It is not simply… Read more »
From KTDpod:
New Ep is up! Today we get to talk to Joe Wiggins, author of The Intelligent Fund Investor: Practical Steps for Better Results in Active and Passive Funds. Joe is also a senior portfolio manager, putting the tools he describes in the book to work every day.
From New Books Network:
Joe reveals: why we should avoid investing with star managers; how to decide between active and passive funds; why we should beware of smooth performance and captivating stories; why risk is far more than just volatility; the importance of a long time horizon; and much, much more.
From MoneySense:
Wow! I just finished Joe Wiggins’ new book, The Intelligent Fund Investor (Harriman House, November 2022). What a great read—I’d recommend it for both DIY and professional investors. There’s no fluff, and I comfortably read through every chapter, right to the end—something I don’t always do.
From MONEY LIFE WITH CHUCK JAFFE:
Also on the show, Joe Wiggins, author of ‘The Intelligent Fund Investor: Practical Steps for Better Results in Active and Passive Funds’
From The Value Perspective Podcast:
It is always great to have the very insightful Joe Wiggins on The Value Perspective podcast. What makes it even more special this time around is the fact that Joe joined Andy Evans and myself to discuss his latest book ‘The Intelligent Fund Investor: Practical Steps for Better Results in Active and Passive Funds’.
From The Long View:
In this week’s episode, we’re chatting to Joe Wiggins. Joe is the CIO of Fundhouse, a provider of manager research, model portfolios, and ESG services to clients ranging from charities, pension funds, wealth managers, and select financial advisors. Joe is here today because he has written a rather useful book about fund investing, but he… Read more »
From Citywire: Mistakes Were Made:
Are humans completely prone to investment mistakes? Behavioural investment expert Joe Wiggins believes there are a multitude of traps even the most hardened of investor will fall into, so what can you do about it? In the final episode of the series, Wiggins, who has worked across major UK institutions and is now chief investment… Read more »
| Published: | 29/11/2022 |
|---|---|
| Pages: | 232 |
| Formats: | paperback - ISBN 9780857198761 ebook - ISBN 9780857198778 audio - ISBN 0000000000080 |
If you’d like to get in touch with the author for interview or comment, or you’d like a review copy of this book, please contact us at pr@harriman-house.com or call +44 (0)1730 233870.
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