Think Like the Great Investors Make Better Decisions and Raise Your Investing to a New Level

by Nicholson, Colin

• ISBN13: 9781118587140
• ISBN10: 1118587146
• Edition: 1st
• Format: Hardcover
• Copyright: 2013-09-30
• Publisher: Wiley

Summary

Achieve a new level of investing and trading success by defeating your worst enemy—yourself

Successful trading relies on three vital skills: market analysis, money management, and decision-making. The first two are straightforward skills anyone can learn, but the third is much more difficult. Your ability to make the right decisions isn't based on hard facts, but psychological realities like your own temperament, your own biases, and the biases of other traders. In essence, you can only master the stock market when you master yourself first, and that starts with making the right decisions habitually. Think Like the Great Investors is organised into four distinct parts that show you how to understand your own temperament, the psychology of the market as a whole, your own biases and decision-making errors, and how to practically apply your understanding of these factors into your decision-making system.

• Written by highly respected investment teacher, speaker, and writer Colin Nicholson
• Ideal for both inexperienced traders who want to lower their risk as well as experienced traders who lack that one final piece in the trader's skillset

For anyone looking for that final piece of the investing puzzle, the answer is right here. With Think Like the Great Investors, you'll leap beyond the final hurdle to super-successful investing . . . yourself.

Author Biography

COLIN NICHOLSON BEc, SF Fin has been investing his own money in Australian shares for over 45 years and publishes his returns on his website www.bwts.com.au. He has taught both technical analysis and fundamental analysis at a postgraduate level. Students at the Securities Institute of Australia rated him an 'Outstanding Presenter'. Colin has been a highly ranked speaker at Australian Investors Association and Australian Technical Analysts Association conferences as well as being a sought-after speaker to investing associations and at expos nationally. He has written five books on investing, including Building Wealth in the Stock Market, The Psychology of Investing, The Aggressive Investor, Hot Stocks 2007, and Hot Stocks 2008.

Table of Contents

Part One: Introduction to decision making (chapters 1 and 2)

This will comprise the original first chapter and an additional article that builds on it.

 

Part Two: Know yourself (chapters 3 to 7)

These will remain as they were in the original book.

 

Part Three: In the avalanche (chapters 8 to 10)

This will comprise the original two chapters plus the original appendix, which will follow Madness of Crowds chapter, where I now feel that it is better placed.

 

Part Four: Stretching our mind (chapters 11 to 33)

This will comprise the original chapters plus the additional chapters written since for my newsletters.  There is also a long chapter in this group (originally a conference presentation) that may need moving to a different part of the book (or deleting because other chapters deal with its content already) when I have been able to fully review the new product in completed form. There is also a possibility that I will instead incorporate part of it in other chapters on the subjects that it deals with.

 

Part Five: Catching the tide (chapters 34 to 44)

This will comprise the original chapters, but subject to revision/deletion because some may be too dated to fix.