Cover image for Investment madness : how psychology affects your investing-- and what to do about it
Investment madness : how psychology affects your investing-- and what to do about it
Nofsinger, John R.
Personal Author:
Publication Information:
London ; New York : Financial Times Prentice Hall, [2001]

Physical Description:
xiii, 175 pages : illustrations ; 24 cm.
Format :


Call Number
Material Type
Home Location
Item Holds
HG4515.15 .N64 2001 Adult Non-Fiction Non-Fiction Area

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WARNING: Allowing emotion to invade your investment decisions can be hazardous to your wealth.*Think about your investments more clearly*How overconfident investors trade too much, take too many risks, and earn lower returns*The investment impact of your self-image *Why avoiding feelings of regret now will cause you even greater regrets later*Yesterdays trade, todays emotions, tomorrows mistake*Placing your recent investment experiences in realistic perspective *The devil you know versus the devil you dont*Familiarity breeds investment - but not necessarily profit*Is your memory playing tricks with you?*Youre not alone. Well tell you what to do about it*Not all information is alike*Avoiding herd mentality: your chat room, your brother-in-law, and other temptations. Remember when dotcoms were going to end business as we know it?How your psychology reduces your profits and increases your risks-and what to do about it *Whyd you fall for that Internet stock?*Whyd you keep money in cash when it couldve earned far better returns elsewhere?*Why havent you fully funded your retirement plan when you know you should?*Why do you always seem to buy high and sell low?*Why does it look like ever

Author Notes

DR. JOHN NOFSINGER is a finance professor at Washington State University. His 1997 paper, "Herding and Feedback Trading by Institutional Investors" written with Richard W. Sias, was awarded "Best of the Best" and "Best Paper in Investments" by the Financial Management Association. He has also done advanced research for the New York Stock Exchange and the Association for Investment Management and Research. Nofsinger holds a doctorate from Washington State University.