000			03268cam a22003494a 4500
999			_c523840 _d523840
001			16975131
003			NUST
005			20190530050544.0
008			110923s2012 nju b 001 0 eng
010			_a 2011039271
020			_a9781118014325 (hardback)
038			_awaseem
040			_aDLC _cDLC
042			_apcc
050	0	0	_aHG4515.15 _b.P66 2012
082	0	0	_a332.6019 _bPOM
084			_aBUS036000 _2bisacsh
100	1		_aPompian, Michael M., _d1963- _914634
245	1	0	_aBehavioral finance and wealth management : _bhow to build investment strategies that account for investor biases / _cMichael Pompian.
250			_a2nd ed.
260			_aHoboken, N.J. : _bWiley, _c2012.
300			_axxiii, 324 p. ; _c24 cm.
490	0		_aWiley finance series
504			_aIncludes bibliographical references and index.
520			_a"The book that applies behavioral finance to the real worldUnderstanding how to use behavioral finance theory in investing is a hot topic these days. Nobel laureate Daniel Kahneman has described financial advising as a prescriptive activity whose main objective should be to guide investors to make decisions that serve their best interests. The reality? That's easier said than done. In the Second Edition of Behavioral Finance and Wealth Management, Michael Pompian takes a practical approach to the growing science of behavioral finance, and puts it to use for real investors. He applies knowledge of 20 of the most prominent individual investor biases into "behaviorally-modified" asset allocation decisions. Offering investors and financial advisors a "self-help" book, Pompian shows how to create investment strategies that leverage the latest cutting edge research into behavioral biases of individual investors. This book: Shows investors and financial advisors how to either moderate or adapt to behavioral biases, in order to improve investment results and identifies "the best practical allocation" for investment portfolios. Using these two sound approaches for guiding investment decision-making, behavioral biases are incorporated into the portfolio management process Uses updated cases studies to show investors and financial advisors how an investor's behavior can be modified to improve investment decision-making Provides useable methods for creating behaviorally modified investment portfolios, which may help investors to reach their long term financial goals Heightens awareness of biases so that financial decisions and resulting economic outcomes are improved Offers advice on managing the effects of each bias in order to improve investment results This Second Edition illustrates investors' behavioral biases in detail and offers financial advisors and their clients practical advice about how to apply the science of behavioral finance to improve overall investment decision making"-- _cProvided by publisher.
650		0	_aInvestments _xPsychological aspects. _914632
650		0	_aInvestments _xDecision making. _914633
650		7	_aBUSINESS & ECONOMICS / Investments & Securities. _2bisacsh _914635
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2ddc _cBK