The 5 Mistakes Every Investor Makes and How to Avoid Them

Getting Investing Right

By: Peter Mallouk

Narrated by: Tom Parks

Length: 5 hrs and 11 mins

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.

Download the accompanying reference guide.

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

Very informative!

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

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.

Really entertaining and informative

Welll backed up with lots of references. I loved the last chapter, particularly because it gives you a guide on how to build your portfolio based on your goals.

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.

Spectacular Book!

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

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.

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.

Targeted at a US audience

Some good generally applicable principles and advocating passive investments for the most part. However, quite digestible and you don’t need an understanding of investing to get it.

The Must Read

I am not going to be able to find the words to express how good this book is.

I am an IFA in the UK and because of this audiobook I have brought the paper copy and carry it in my bag.