The Laws of Wealth (paperback): Psychology and the secret to investing success

Daniel Crosby

The Laws of Wealth (paperback): Psychology and the secret to investing success
Format
Paperback
Publisher
Harriman House Publishing
Country
United Kingdom
Published
30 March 2021
Pages
264
ISBN
9780857197832

The Laws of Wealth (paperback): Psychology and the secret to investing success

Daniel Crosby

From New York Times and USA Today bestselling author, Dr. Daniel Crosby-the behavioral finance book all investors have been waiting for.

In The Laws of Wealth, psychologist and behavioral finance expert Daniel Crosby presents three sets of real, actionable rules that investors can use to apply the lessons of behavioral finance.

He begins with ten rules that are the hallmarks of good investor behavior, including ‘Forecasting is for Weathermen’, ‘If You’re Excited, It’s Probably a Bad Idea’, and ‘Trouble is Opportunity’.

From here, attention turns to the Four Cs of Rule-Based Investing: Consistency, Clarity, Courageousness, Conviction. The Four Cs provide practical methods to combat behavioral risk in investing.

And finally, he introduces the Five Ps of successful equity investing: Price, Properties, Pitfalls, People, Push. Investors can draw on these five methods to select stocks and take advantage of behavioral opportunities in the stock market.

Throughout, anecdotes, research, and graphics illustrate the lessons in memorable ways. And in highly valuable ‘What now?’ summaries at the end of each chapter, Crosby provides clear, concise direction on what to think, ask, and do next to become a better investor.

If you are wondering what years of behavioral finance has delivered for real investors, you should follow the laws of wealth to manage your behavior and improve your investing!

This item is not currently in-stock. It can be ordered online and is expected to ship in approx 2 weeks

Our stock data is updated periodically, and availability may change throughout the day for in-demand items. Please call the relevant shop for the most current stock information. Prices are subject to change without notice.

Sign in or become a Readings Member to add this title to a wishlist.