Reg Price $18 | In The Laws of Wealth, psychologist and behavioral finance expert Daniel Crosby offers an accessible and applied take on a discipline that has long tended toward theory at the expense of the practical. Readers are treated to real, actionable guidance as the promise of behavioral finance is realised and practical applications for everyday investors are delivered.
Crosby presents a framework of timeless principles for managing your behavior and your investing process. He begins by outlining ten rules that are the hallmarks of good investor behavior, including ‘Forecasting is for Weathermen’ and ‘If You’re Excited, It’s Probably a Bad Idea’. He then goes on to introduce a unique new taxonomy of behavioral investment risk that will enable investors and academics alike to understand behavioral risk in a newly coherent and complete way.
Dr. Crosby’s training as a clinical psychologist and work as an asset manager provide a unique vantage and result in a book that breaks new ground in behavioral finance. You need to follow the laws of wealth to manage your behavior and improve your investing process!
This book rating is based on my own personal assessment. In no way does it reflect the value the book may have for your trading style, strategies, or goals. Some of the books I have not read in its entirety so when possible I will provide a rating from another reputable trader who has.
To access a book you have to get an upgraded membership subscription. If you do then simply click the WhatsApp Link at the bottom of the page. Send us a request on WhatsApp for the book you are interested in. If you are under your monthly request limit, the pdf book file will be posted in your private WhatsApp room.
The only way to gain access to our large library of books is to be an active member of our trading community. We offer subscriptions for our WhatApp and website education and mentoring. As a member you will get free access to our valuable repository of guidebooks, handbooks, textbooks, and reference books. Review the Student Rooms you would like to join then contact us on Whatsapp to create a package you can afford.