MarketPsych : How to Manage Fear and Build Your Investor Identity

by Richard L. Peterson (Texas Tech Univ.); Frank F. Murtha

• ISBN13: 9780470886762
• ISBN10: 0470886765
• Format: eBook
• Copyright: 2010-07-01
• Publisher: Wiley

Summary

An investor's guide to understanding the most elusive (yet most important) aspect of successful investing - yourself.Why is it that the investing performance of so many smart people reliably and predictably falls short? The answer is not that they know too little about the markets. In fact, they know too little about themselves.Combining the latest findings from the academic fields of behavioral finance and experimental psychology with the down-and-dirty real-world wisdom of successful investors, Drs. Richard Peterson and Frank Murtha guide both new and experienced investors through the psychological learning process necessary to achieve their financial goals.In an easy and entertaining style that masks the book's scientific rigor, the authors make complex scientific insights readily understandable and actionable, shattering a number of investing myths along the way. You will gain understanding of your true investing motivations, learn to avoid the unseen forces that subvert your performance, and build your investor identity - the foundation for long-lasting investing success.Replete with humorous games, insightful self-assessments, entertaining exercises, and concrete planning tools, this book goes beyond mere education. MarketPsych: How to Manage Fear and Build Your Investor Identity functions as a psychological outfitter for your unique investing journey, providing the tools, training and equipment to help you navigate the right paths, stay on them, and see your journey through to success.

Table of Contents

Preface

Acknowledgments

What Is Your Investor Identity?

Investor Identity Fundamentals

Is Character Destiny?

Managing Investing Emotions

What Do You Really Value?

Identifying (and Avoiding) Investor Traps

Managing Investment Stress

Being Your Best

Summary of Meditation Techniques

Gratitude List

About the Authors

Index

Table of Contents provided by Publisher. All Rights Reserved.