Behavioral finance and your portfolio a navigation guide for building wealth

"The topic of investor biases and their potential negative impact on investor performance has not lost its appeal since Pompian first book, Behavioral Finance and Wealth Management, was first published in 2006. Pompian's thought leadership in the space has attracted the Investments and Wea...

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Bibliographic Details
Main Author: Pompian, Michael M.
Format: eBook
Language:English
Published: Hoboken, New Jersey Wiley 2021
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
Table of Contents:
  • Part I. Introduction to behavioral finance
  • What is behavioral finance and why does it matter?
  • Introduction to behavioral biases
  • Part II. Belief perseverance biases defined and illustrated
  • Belief perseverance bias #1: Cognitive dissonance bias
  • Belief perseverance bias #2: Conservatism bias
  • Belief perseverance bias #3: Confirmation bias
  • Belief perseverance bias #4: Representativeness bias
  • Belief perseverance bias #5: Illusion-of-control bias
  • Belief perseverance bias #6: Hindsight bias
  • Part III. Information processing biases defined and illustrated
  • Information processing bias #1: Mental accounting bias
  • Information processing bias #2: Anchoring bias
  • Information processing bias #3: Framing bias
  • Information processing bias #4: Availability bias
  • Information processing bias #5: Self-attribution bias
  • Information processing bias #6: Outcome bias
  • Information processing bias #7: Recency bias
  • Part IV: Emotional biases defined and illustrated
  • Emotional bias #1: Loss aversion bias
  • Emotional bias #2: Overconfidence bias
  • Emotional bias #3: Self-control bias
  • Emotional bias #4: Status quo bias
  • Emotional bias #5: Endowment bias
  • Emotional bias #6: Regret aversion bias
  • Emotional bias #7: Affinity bias
  • Part V. Behavioral investor types
  • Staying on target to reach financial goals is hard
  • Introduction to behavioral investor types
  • Preserver behavioral investor type
  • Follower behavioral investor type
  • Independent behavioral investor type
  • Accumulator behavioral investor type
  • Asset allocation case studies for each behavioral investor type
  • Part VI. Behavioral aspects of portfolio implementation
  • Behavioral finance aspects of the active versus passive debate
  • Behaviorally aware portfolio construction
  • Behavioral finance and market corrections