Behavioural investing : a practitioner's guide to applying behavioural finance / James Montier.

Saved in:
Bibliographic Details
Published: Chichester, England ; Hoboken, NJ : John Wiley & Sons, c2007.
Main Author:
Montier, James
Series:Wiley finance series
Subjects:
Investments > Psychological aspects.
Finance > Psychological aspects.
Format: Book
Behavioural investing : a practitioner's guide to applying behavioural finance /

MARC

LEADER 00000nam a22000004a 4500
001 1073230
005 20080225144400.0
008 070816s2007 enka b 001 0 eng
097 |3 Bib#:  |a 1073230 
010 |a  2007033391 
020 |a 9780470516706 
020 |a 0470516704 
035 |a (OCoLC)ocn156819268 
035 |a (OCoLC)156819268 
035 |a 11545288 
035 |a (BNAtoc) 2007033391 
035 |a (Nz)11545288 
040 |a DLC  |c DLC  |d BTCTA  |d BAKER  |d YDXCP  |d C#P  |d OCoLC 
050 0 0 |a HG4515.15  |b .M657 2007 
082 0 0 |a 332.6  |2 22 
100 1 |a Montier, James. 
245 1 0 |a Behavioural investing :  |b a practitioner's guide to applying behavioural finance /  |c James Montier. 
246 3 |a Behavioral investing 
260 |a Chichester, England ;  |a Hoboken, NJ :  |b John Wiley & Sons,  |c c2007. 
300 |a xxii, 706 p. :  |b ill. ;  |c 25 cm. 
440 0 |a Wiley finance series 
504 |a Includes bibliographical references (p. [667]-676) and index. 
505 0 0 |g Sect. I.  |t Common Mistakes and Basic Biases --  |g 1.  |t Emotion, Neuroscience and Investing: Investors as Dopamine Addicts --  |t Spock or McCoy? --  |t The Primary of Emotion --  |t Self-Control is Like a Muscle --  |t Hard-Wired for the Short Term --  |t Hard-Wired to Herd --  |t Plasticity as Salvation --  |g 2.  |t Part Man, Part Donkey --  |t The Biases We Face --  |t Bias #1: I Know Better, Because I Know More --  |t Bias #2: Big [is not equal to] Important --  |t Bias #3: Show Me What I Want to See --  |t Bias #4: Heads was Skill, Tails was Bad Luck --  |t Bias #5: I Knew it all Along --  |t Bias #6: The Irrelevant has Value as Input --  |t Bias #7: I Can Make a Judgement Based on What it Looks Like --  |t Bias #8: That's Not the Way I Remember it --  |t Bias #9: If you Tell Me it Is So, It Must be True --  |t Bias #10: A Loss Isn't a Loss Until I Take It --  |g 3.  |t Take a Walk on the Wild Side --  |t Impact Bias --  |t Empathy Gaps --  |t Combating the Biases --  |g 4.  |t Brain Damage, Addicts and Pigeons --  |g 5.  |t What Do Secretaries' Dustbins and the Da Vinci Code have in Common? --  |g 6.  |t The Limits to Learning --  |t Self-Attribution Bias: Heads is Skill, Tails is Bad Luck --  |t Hindsight Bias: I Knew it All Along --  |t Skinner's Pigeons --  |t Illusion of Control --  |t Feedback Distortion --  |g Sect. II.  |t The Professionals and the Biases --  |g 7.  |t Behaving Badly --  |t The Test --  |t The Results --  |t Overoptimism --  |t Confirmatory Bias --  |t Representativeness --  |t The Cognitive Reflection Task (CRT) --  |t Anchoring --  |t Keynes's beauty contest --  |t Monty Hall Problem --  |g Sect. III.  |t The Seven Sins of Fund Management --  |g 8.  |t A Behavioural Critique --  |t Sin city --  |t Alternative Approaches and Future Directions --  |t Sin 1: Forecasting (Pride) --  |g 9.  |t The Folly of Forecasting: Ignore all Economists, Strategists, & Analysts --  |t Overconfidence as a Driver of Poor Forecasting --  |t Overconfidence and Experts --  |t Why Forecast When the Evidence Shows You Can't? --  |t Why Use Forecasts? --  |t Debasing --  |g 10.  |t What Value Analysts? --  |t Sin 2: Illusion of Knowledge (Gluttony) --  |g 11.  |t The Illusion of Knowledge or Is More Information Better Information? --  |t Sin 3: Meeting Companies (Lust) --  |g 12.  |t Why Waste Your Time Listening to Company Management? --  |t Managers are Just as Biased as the Rest of Us --  |t Confirmatory Bias and Biased Assimilation --  |t Obedience to Authority --  |t Truth or Lie? --  |t Sin 4: Thinking You Can Outsmart Everyone Else (Envy) --  |g 13.  |t Who's a Pretty Boy Then? Or Beauty Contests, Rationality and Greater Fools --  |t Background --  |t The Game --  |t The Solution --  |t The Results --  |t A Simple Model of Our Contest --  |t Comparison with Other Experiments --  |t Learning --  |t Sin 5: Short Time Horizons and Overtrading (Avarice) --  |g 14.  |t ADHD, Time Horizons and Underperformance --  |t Sin 6: Believing Everything You Read (Sloth) --  |g 15.  |t The Story is The Thing (or The Allure of Growth) --  |g 16.  |t Scepticism is Rare or (Descartes vs Spinoza) --  |t Cartesian Systems --  |t Spinozan Systems --  |t Libraries --  |t A Testing Structure --  |t The Empirical Evidence --  |t Strategies to Counteract Naive Belief --  |t Sin 7: Group Decisions (Wrath) --  |g 17.  |t Are Two Heads Better Than One? --  |t Beating the Biases --  |g Sect. IV.  |t Investment Process as Behavioural Defence --  |g 18.  |t The Tao of Investing --  |g Pt. A.  |t The Behavioral Investor --  |g 19.  |t Come Out of the Closet (or, Show Me the Alpha) --  |t The Alpha --  |t The Evolution of the Mutual Fund Industry --  |t Characteristics of the Funds --  |g 20.  |t Strange Brew --  |t The Long Run --  |t The Short Run --  |t Break the Long-Only Constraint --  |t Add Breadth --  |t Not Just an Excuse for Hedge Funds --  |t Truly Alternative Investments --  |g 21.  |t Contrarian or Conformist? --  |g 22.  |t Painting by Numbers: An Ode to Quant --  |t Neurosis or Psychosis? --  |t Brain Damage Detection --  |t University Admissions --  |t Criminal Recidivism --  |t Bordeaux Wine --  |t Purchasing Managers --  |t Meta-Analysis --  |t The Good News --  |t So Why Not Quant? --  |g 23.  |t The Perfect Value Investor --  |t Trait I: High Concentration In Portfolios --  |t Trait II: They Don't Need to Know Everything, and Don't Get Caught in the Noise --  |t Trait III: A Willingness to Hold Cash --  |t Trait IV: Long Time Horizons --  |t Trait V: An Acceptance of Bad Years --  |t Trait VI: Prepared to Close Funds --  |g 24.  |t A Blast from the Past --  |t The Unheeded Words of Keynes and Graham --  |g 25.  |t Why Not Value? The Behavioural Stumbling Blocks --  |t Knowledge [is not equal to] Behaviour --  |t Loss Aversion --  |t Delayed Gratification and Hard-Wiring for the Short Term --  |t Social Pain and the Herding Habit --  |t Poor Stories --  |t Overconfidence --  |t Fun --  |t No, Honestly I Will Be Good --  |g Pt. B.  |t The Empirical Evidence: Value in All Its Forms --  |g 26.  |t Bargain Hunter (or It Offers Me Protection) /  |r James Montier and Rui Antunes --  |t The Methodology --  |t Does Value Work? --  |t The Anatomy of Value --  |t The Siren of Growth --  |t Growth Doesn't Mean Ignoring Valuation --  |t The Disappointing Reality of Growth --  |t Analyst Accuracy? --  |t Value versus Growth --  |t Key points --  |t Regional Tables --  |g 27.  |t Better Value (or The Dean Was Right!) /  |r James Montier and Rui Antunes --  |g 28.  |t The Little Note that Beats the Market /  |r James Montier and Sebastian Lancetti --  |t The Methodology and the Data --  |t The Results --  |t Quality Matters for Value --  |t Career Defence as an Investment Strategy --  |t What About the Long/Short View? --  |t The Future for the Little Book --  |t Tables and Figures --  |g 29.  |t Improving Returns Using Inside Information --  |t Patience is a Virtue --  |t Using Inside Information --  |t A Hedge Perspective --  |t Risk or Mispricing? --  |t Evidence for Behavioural Errors --  |t Evidence Against the Risk View --  |t European Evidence --  |g 30.  |t Just a Little Patience: Part I --  |g 31.  |t Just a Little Patience: Part II /  |r James Montier and Sebastian Lancetti --  |t Value Perspective --  |t Growth Perspective --  |t Growth and Momentum --  |t Value for Growth Investors --  |t Value and Momentum --  |t Implications --  |g 32.  |t Sectors, Value and Momentum --  |t Value --  |t Momentum --  |t Sectors: Value or Growth --  |t Stocks or Sectors --  |g 33.  |t Sector-Relative Factors Works Best /  |r James Montier and Andrew Lapthorne --  |t Methodology --  |t The Results --  |g 34.  |t Cheap Countries Outperform --  |t Strategy by Strategy Information --  |g Pt. C.  |t Risk, But Not as We Know It --  |g 35.  |t CAPM is CRAP (or, The Dead Parrot Lives!) --  |t A Brief History of Time --  |t CAPM in Practice --  |t Why Does CAPM Fail? --  |t CAPM Today and Implications --  |g 36.  |t Risk Managers or Risk Maniacs? --  |g 37.  |t Risk: Finance's Favourite Four-Letter Word --  |t The Psychology of Risk --  |t Risk in Performance Measurement --  |t Risk from an Investment Perspective --  |g Sect. V.  |t Bubbles and Behaviour --  |g 38.  |t The Anatomy of a Bubble --  |t Displacement --  |t Credit Creation --  |t Euphoria --  |t Critical Stage/Financial Distress --  |t Revulsion --  |g 39.  |t De-bubbling: Alpha Generation --  |t Bubbles in the Laboratory --  |t Bubbles in the Field --  |t Displacement: The Birth of a Boom --  |t Credit Creation: Nurturing the Boom --  |t Euphoria --  |t Critical Stage/Financial Distress --  |t Revulsion --  |t Applications --  |t Alpha Generation --  |t Long-Only Funds --  |g 40.  |t Running with the Devil: A Cynical Bubble --  |t The Main Types of Bubble --  |t Psychology of Bubbles --  |t Composite Bubbles and the De-Bubbling Process --  |t Experimental Evidence: Bubble Echoes --  |t Market Dynamics and the Investment Dangers of Near Rational Bubbles --  |g 41.  |t Bubble Echoes: The Empirical Evidence --  |g Sect. VI.  |t Investment Myth Busters --  |g 42.  |t Belief Bias and the Zen Investing --  |t Belief Bias and the X-System --  |t Confidence Isn't a Proxy for Accuracy --  |t Belief Bias and the Zen of Investing --  |g 43.  |t Dividends Do Matter --  |g 44.  |t Dividends, Repurchases, Earnings and the Coming Slowdown --  |g 45.  |t Return of the Robber Barons --  |g 46.  |t The Purgatory of Low Returns --  |g 47.  |t How Important is the Cycle? --  |g 48.  |t Have We Really Learnt So Little? --  |g 49.  |t Some Random Musings on Alternative Assets --  |t Hedge Funds --  |t Commodities --  |t Which Index? --  |t Composition of Commodity Futures Returns --  |t The Times They are A-Changin' -- 
505 8 0 |g Sect. VII.  |t Corporate Governance and Ethics --  |g 50.  |t Abu Ghraib: Lesson from Behavioural Finance and for Corporate Governance --  |t Fundamental Attribution Error --  |t Zimbardo's Prison Experiment --  |t Milgram: The Man that Shocked the World --  |t Conditions that Turn Good People Bad --  |g 51.  |t Doing the Right Thing or the Psychology of Ethics --  |t The Ethical Blindspot --  |t The Origins of Moral Judgements --  |t Examples of Bounded Ethicality and Unconscious Biases --  |t Mechanisms Driving Poor Ethical Behaviour --  |t Combating Unethical Behaviour --  |g 52.  |t Unintended Consequences and Choking under Pressure: The Psychology of Incentives --  |t Evidence from the Laboratory --  |t Evidence from the Field --  |t Back to the Laboratory --  |t Who is Likely to Crack Under Pressure? --  |g Sect. VIII.  |t Happiness --  |g 53.  |t If It Makes You Happy --  |t Top 10 --  |g 54.  |t Materialism and the Pursuit of Happiness --  |t Aspiration Index --  |t Materialism and Happiness: The Evidence --  |t Problems of Materialism --  |t What to Do? --  |t Why Experiences Over Possessions? 
650 0 |a Investments  |x Psychological aspects. 
650 0 |a Finance  |x Psychological aspects. 
991 |a 2008-02-25 
992 |a Created by sico, 25/02/2008. Updated by sico, 25/02/2008. 
999 f f |i aba1cfc6-acc7-56a7-b5d2-d9e5a42623c3  |s bae0adc7-1203-57d2-96e4-6680e4ece0b3  |t 0 
952 f f |p For loan  |a University Of Canterbury  |b UC Libraries  |c Central Library  |d Central Library, Level 9  |t 0  |e HG 4515.15 .M791 2007  |h Library of Congress classification  |i Book  |m AU14993953B 

Similar Items