The 5 Mistakes Every Investor Makes and How to Avoid Them

Getting Investing Right
Narrated by: Tom Parks
Length: 5 hrs and 11 mins
5 out of 5 stars (167 ratings)

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Publisher's Summary

Identify mistakes standing in the way of investment success.

With so much at stake in investing and wealth management, investors cannot afford to keep repeating actions that could have serious negative consequences for their financial goals. The 5 Mistakes Every Investor Makes and How to Avoid Them focuses on what investors do wrong so often so they can set themselves on the right path to success. In this comprehensive reference, listeners learn to navigate the ever-changing variables and market dilemmas that often make investing a risky and daunting endeavor. Well-known and respected author Peter Mallouk shares useful investment techniques, discusses the importance of disciplined investment management, and pinpoints common, avoidable mistakes made by professional and everyday investors alike.

Designed to provide a workable, sensible framework for investors, The 5 Mistakes Every Investor Makes and How to Avoid Them encourages investors to refrain from certain negative actions, such as fighting the market, misunderstanding performance, and letting one's biases and emotions get in the way of investing success.

  • Details the major mistakes made by professional and everyday investors
  • Highlights the strategies and mindset necessary for navigating ever-changing variables and market dilemmas
  • Includes useful investment techniques and discusses the importance of discipline in investment management
  • Provides additional content and resources on a companion website.

A reliable resource for investors who want to make more informed choices, this audiobook steers listeners away from past investment errors and guides them in the right direction.

©2014 John Wiley & Sons, Inc. (P)2014 Audible Inc.

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Very informative!

Tough to chew at times but great information. had to listen to some parts several times while taking notes.

3 people found this helpful

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    5 out of 5 stars
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Great education on real investing strategy

This book is very sobering for those trying to out smart the markets and trumps all others books I've read on investing.

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Spectacular Book!

Finally the rules I've been searching for all my years in a simple to follow format. Thanks so much!

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    4 out of 5 stars

Got one big lesson from this one

Don't time the market and, when you have money to invest, just invest it all right away and then forget about it. Then hold on for a long time. The advice, backed by some statistics, was helpful to me. Geared towards the index investor not anyone actively selecting stocks but still worth the time invested I thought.

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Author wastes hours proving his points.

This book has very good concepts, but the repetitive examples used to prove his points become tiresome and annoying. This book could have been half the length. I found myself saying constantly, "Okay, I get your point, move on!" Perhaps investors make common mistakes with their money, but smart investors make the most of their time. So be a smart investor and find a 30 min book summary and skip the book.

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very informative on a novice's level

I loved it! There was a lot of information that challenged me to understand but that's exactly what I wanted. The author was extremely knowledgeable. I wouldn't mind reading again. There's a lot of strategy that I can apply today.

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  • Anonymous User
  • 10-16-19

Amazing book, helps you keep your wealth.

Explains concepts that most modern people either don't know about or they are unwilling ti find for themselves. It reinforced the ideas and my strategy for investing.

Really a must read for anyone wanting to build and HOLD a large amount of wealth. This should be part of the curriculum in my opinion. Really a good read.

Simple easy to follow advice that anyone can follow. Now its up to the reader to execute.