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Publisher's Summary

Little book, big profits....

Here is a detailed guide to overcoming the most frequently encountered psychological pitfalls of investing.

Bias, emotion, and overconfidence are just three of the many behavioral traits that can lead investors to lose money or achieve lower returns. Behavioral finance, which recognizes that there is a psychological element to all investor decision-making, can help you overcome this obstacle.

In The Little Book of Behavioral Investing, expert James Montier, one of the world's foremost behavioral analysts, takes you through some of the most important behavioral challenges faced by investors. Montier reveals the most common psychological barriers, clearly showing how emotion, overconfidence, and a multitude of other behavioral traits, can affect investment decision-making. This book:

  • Offers time-tested ways to identify and avoid the pitfalls of investor bias
  • Discusses how to learn from our investment mistakes instead of repeating them
  • Explores the behavioral principles that will allow you to maintain a successful investment portfolio

Written in a straightforward and accessible style, The Little Book of Behavioral Investing will enable you to identify and eliminate behavioral traits that can hinder your investment endeavors and show you how to go about achieving superior returns in the process.

©2010 James Montier (P)2010 Gildan

What members say

Average Customer Ratings

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  • 4.2 out of 5.0
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  • Overall
  • John
  • Chamblee, GA, United States
  • 06-25-11

I'd Heard a Lot of this Before, But ...

If you have studied human behavior, there is a lot in here that you already know. The author does a really good job of applying it to investing, and showing how you can stop being your own worst enemy.

3 of 3 people found this review helpful

  • Overall

One of the best investing books

Best uses of a credit in ages, really enjoyed this book. It covers the modern way of investing.

3 of 3 people found this review helpful

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  • Jacek
  • Vallromanes
  • 02-05-12

Intryguing, funny, suprisignly good.

To be honest, I wasn't expecting anything much from the book. Was I positevly suprised once listened to it for the first time.
Although it is just 5 hours read, I enjoyed it really a lot. There are several quizes along the way which made me laugh.

Overall, if you look for a easy implementaion and introduction of behavioral psyhology, this is a really good book to start with.

1 of 1 people found this review helpful

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Errational investing

Interesting incite into the mistakes we make while investing. We think of ourselves as rational but so many of our decisions are driven by emotions.

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Required reading for the investor.<br />

Loved it. A great introduction to the subject with implications for all aspects of life.

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Very good book

A lot of idea come from Thinking Fast and Slow. Chapter 15 is the best chapter for me and the most important

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Good book about the psychology in investing

Where does The Little Book of Behavioral Investing rank among all the audiobooks you’ve listened to so far?

It's a very good and easy listening experience. There's no real epiphany here but sound logic provided with research to back it up, which makes it a great audiobook to listen to.

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Great book for the beginner and more experienced

No matter if you have never listened to a book on behavioral finance or if you have listened/read quite a few, this book is great. I fall in the latter category, but still found it a great book. Firstly it gives a good overview of the field, secondly it's well structured and a pleasure to listen to.

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Buying it in paper book for further review

Lot of good references!!! Important information to work into my trading & myself. Great studies & tests to realize fully takes time

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  • William
  • SALEM, OREGON, United States
  • 03-25-13

Learn how to combat your biggest challenge: You

What did you love best about The Little Book of Behavioral Investing?

It takes principles of behavioral psychology (such as cognitive biases and distortions) and applies it to investments. How can we learn about our natural thought processes to improve our investments, and prevent ourselves from sabotaging our own results. This might be the best book of the Little Book series for investors... I highly recommend it.

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  • Overall
  • steven Buckley
  • 01-21-13

helps to better control emotion

Wanted a book like this for a while, helps keep my feet firmly on the ground and control those ever lurkingl emotions. it gives me the ability to not follow the herd when investing or trading, Very good book to understand how emotions play a part in the stock market

1 of 1 people found this review helpful

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  • Rajeev
  • 02-16-18

Good book to introspect investing behaviour

Easy book to listen to with lots of examples and results of experiments done over a period of time. Key is taking time out after reading, doing an honest self-reflection, looking out for behavioural patterns in investing & making appropriate changes.

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  • Matt Lewis
  • 01-29-18

brilliant insights to self sabotage

We all think we are better than we are and this book explains simply why that is the case and suggests ways of addressing it. if we cannot accurately analyse our decisions then how can we expect to improve our performance. every investor needs to read this book and take notes to do a self check once in a while as it will undoubtedly improve their results and therefore profits

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  • I. D. Wright
  • 03-02-16

Excellent

Very good analysis of many human investment bias aspects. Excellent and well read by narrator.