The Psychology of Finance
Author | : Lars Tvede |
Publisher | : John Wiley & Sons |
Total Pages | : 341 |
Release | : 2002-04-22 |
ISBN-10 | : 9780470843420 |
ISBN-13 | : 047084342X |
Rating | : 4/5 (20 Downloads) |
Download or read book The Psychology of Finance written by Lars Tvede and published by John Wiley & Sons. This book was released on 2002-04-22 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is one constant factor in the chaos of the markets and that constant is human psychology. In the Psychology of Finance readers are shown how the market's characteristics that arise can be interpreted and learnt from. This revised edition contains new examples and updates to charts. There is also a summary of the characteristics of each phase of the equity market, bear bottom, rise, bull peak, and decline. It includes an appendix covering the history of economic psychology Written in an extremely readable and enjoyable style it shows how psychology can drive movements in the prices of financial assets, breakdown key market phenomena, eg, irrational attitude changes in the individual, and their indicators.