How many of us investors actually pay attention to what goes on in our brains when, during and after we invest in a company? “Your Money and Your Brain” delves deep into an investor’s psychology and explains why we feel what we feel at certain times.
Content wise, this book talks about the different emotions such as greed, prediction, confidence, risk, fear, surprise, regret and happiness and shows us how to curb some of these excessive emotions.
This is the first book I’ve read on behavioral finance and it has opened up my mind on the biases I might have regarding to investing. All investors should read this book.
Hi FFN,
It’s a very good which I read 2 years back (I bought it hehe). Now, I am reading “Investing and the Irrational Mind” by Robert Koppel – also on behavioural finance and pretty well-written! I managed to borrow this from the library.
Hi MW,
I borrowed the book from library, didn’t buy it. Currently, I’m reading “Markets Never Forget but People Do” by Ken Fisher. It’s a new book released a few months back and it’s in Kinokuniya’s business bestsellers list. I just finished reading “The Little Book that Beats the Market” but I didn’t really like the over-simplified investing methodology.