This book describes the important psychological biases that influence investment decisions. By recognizing, understanding, and avoiding these problems, investors can minimize the negative effects on their wealth.

Investment Euphoria and Money Madness is essential reading for anyone seeking to make a profit in today's fast-paced financial markets. Written specifically for brokers, money managers, and sophisticated investors, Investment Euphoria provides a compelling view of human behavior in a money environment. Because money has a way of stirring the emotions and clouding the judgment, it can change the way that people behave. By understanding yourself, Prof Gunn maintains, you will learn the keys to better financial performance. Thoughtful, helpful, clear and concise, Investment Euphoria and Money Madness contains a wealth of insights for successful and stress-free investing and money management.

A practical guide to making more informed investment decisions Investors often buy or sell stocks too quickly. When you base your purchase decisions on isolated facts and don't take the time to thoroughly understand the businesses you are buying, stock-price swings and third-party opinion can lead to costly investment mistakes. Your decision making at this point becomes dangerous because it is dominated by emotions. The Investment Checklist has been designed to help you develop an in-depth research process, from generating and researching investment ideas to assessing the quality of a business and its management team. The purpose of The Investment Checklist is to help you implement a principled investing strategy through a series of checklists. In it, a thorough and comprehensive research process is made simpler through the use of straightforward checklists that will allow you to identify quality investment opportunities. Each chapter contains detailed demonstrations of how and where to find the information necessary to answer fundamental questions about investment opportunities. Real-world examples of how investment managers and CEOs apply these universal principles are also included and help bring the concepts to life. These checklists will help you consider a fuller range of possibilities in your investment strategy, enhance your ability to value your investments by giving you a holistic view of the business and each of its moving parts, identify the risks you are taking, and much more. Offers valuable insights into one of the most important aspects of successful investing, in-depth research Written in an accessible style that allows aspiring investors to easily understand and apply the concepts covered Discusses how to think through your investment decisions more carefully With The Investment Checklist, you'll quickly be able to ascertain how well you understand your investments by the questions you are able to answer, or not answer, without making the costly mistakes that usually hinder other investors.

The authors teach readers about the new rules of investing, which include investing with inflation-protected bonds, reaching retirement goals, and investing safely for college.

In a highly readable and engaging style, this paperback edition of Mark Shipman's classic book takes readers step-by-step through every aspect of disciplined and lucrative investing. Starting with the how and why of taking responsibility for your money, it goes on to describe specific investment strategies that Shipman has used himself with great success. In the second half of the book, the commodity markets are described in detail, an area he himself predicts as a major investment opportunity that could last well over a decade. Both those new to investing and those looking to brush up their skills will find sound and solid advice on: how long-term investing works; why investing is a mental game; how to develop a personal investment strategy and why you should invest in commodities. The Next Big Investment Boom will not only show you how to avoid making bad investments, but also how to make the right investments, at the right time, and make a significant amount of money.

Behavioural investing seeks to bridge the gap between psychology and investing. All too many investors are unaware of the mental pitfalls that await them. Even once we are aware of our biases, we must recognise that knowledge does not equal behaviour. The solution lies is designing and adopting an investment process that is at least partially robust to behavioural decision-making errors. Behavioural Investing: A Practitioner’s Guide to Applying Behavioural Finance explores the biases we face, the way in which they show up in the investment process, and urges readers to adopt an empirically based sceptical approach to investing. This book is unique in combining insights from the field of applied psychology with a through understanding of the investment problem. The content is practitioner focused throughout and will be essential reading for any investment professional looking to improve their investing behaviour to maximise returns. Key features include: The only book to cover the applications of behavioural finance An executive summary for every chapter with key points highlighted at the chapter start Information on the key behavioural biases of professional investors, including The seven sins of fund management, Investment myth busting, and The Tao of investing Practical examples showing how using a psychologically inspired model can improve on standard, common practice valuation tools Written by an internationally renowned expert in the field of behavioural finance