7th Edition

The Psychology of Investing

By John R. Nofsinger Copyright 2023
208 Pages 33 B/W Illustrations
by Routledge

208 Pages 33 B/W Illustrations
by Routledge

208 Pages 33 B/W Illustrations
by Routledge

While traditional finance focuses on the tools used to optimize return and minimize risk, this book shows how psychology can explain our decisions more than financial theory. Analyzing how investors behave in the real world, this is the first book of its kind to delve into the ways biases influence investment behavior, and how overcoming these biases can increase financial success. Now in... Read more

1. Psychology and Finance 2. Overconfidence 3. Pride and Regret 4. Risk Perceptions 5. Decision Frames 6. Mental Accounting 7. Forming Portfolios 8. Representativeness and Familiarity 9. Social Interaction and Investing 10. Emotion and Investment Decisions 11. Self-Control and Decision Making 12. The Physiology of Investing 13. The Meme Investors of 2021

Biography

John R. Nofsinger is the William H. Seward Endowed Chair in International Finance and Dean of the College of Business and Public Policy at the University of Alaska Anchorage, USA.

"John Nofsinger’s The Psychology of Investing has become a modern classic. The 7th edition features new content on fintech and cryptocurrencies, the role of social media in investing, generational biases, and the COVID-19 pandemic. Anyone interested in keeping abreast of the latest developments on the behavioral side of investing should find this latest edition indispensable." 
H. Kent Baker, University Professor of Finance, American University