Book Review: The Behavioral Investor
Along those lines The Behavioral Investor is the latest effort from finance psychologist and wealth manager Daniel Crosby, with the book having the ambitious aim of being the most comprehensive guide to the psychology of asset management ever written. It begins by delving into the mysteries if human nature, key to the underlying mechanisms of how capital markets work, before teaching investors how to apply this knowledge to portfolio construction and go on to improve their returns.
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