When others are greedy be fearful and when others are fearful be greedy?-ill-timed bouts of greed and fear among investors make stock markets volatile. Ratinal and successful investing is all about restraining and channelizing these emotions and understanding behavioral finance, not market sentiments, crowd behavior or company performances.
At a time when market upheavals are eroding investors? confidence, dooming life?s earnings and corporate fortunes, and shipping up mass hysteria-Value Investing and Behavioral Finance comes as an antidote to investor anxiety and a guide to sane and safe investment decisions. Using investing trends in Indian capital markets over the last three decades, it shows how collective behavioral biases affect investment decisions, returns and market vagaries. As a corrective, it spells out long-term value and contrarian investing strategies based on the principles of behavioral finance.
Further, it advises on how to spot investment opportunities and pitfalls in commodity stocks, growth stock, PSUs, IPOs, sectors and index stocks. It also alerts the reader to a `bubble? or crisis situation, and ways to identify and insure against it.
Value Investing and Behavioral Finance, a timely offering from a seasoned investment strategist, is a must read for stock brokers, bankers, lay investors, portfolio manager, fund manager, and students of finance.
Chapter 1. Success and Failure
Chapter 2. Understanding Behavioral Trends
Chapter 3. Behavioral Obstacles to Value Investing
Chapter 4. Contrarian Investing: The Psychology of Going Against the Crowd
Chapter 5. Growth Trap
Chapter 6. Commodity Investing
Chapter 7. Public Sector Units
Chapter 8. Sector Investing
Chapter 9. Initial Public Offerings
Chapter 10. Index Investing
Chapter 11. Bubble Trap
Chapter 12. Investor Behavior Based Finance
Adds value to investing literature, but not very much
16 Jul, 2014
Fantastic book on the practical side of value investing in India
3 Nov, 2011
A fine book
10 Jul, 2012
Very Repetitive, based on certain points from Tech Boom days
6 Nov, 2011
31 May, 2018
18 May, 2018
5 May, 2018
Tarun Kumar Saluja
18 Feb, 2018