Finance For Normal People

Author by : Meir Statman
Language : en
Publisher by : Oxford University Press
Format Available : PDF, ePub, Mobi
Total Read : 25
Total Download : 473
File Size : 43,6 Mb
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Description : Finance for Normal People teaches behavioral finance to people like you and me - normal people, neither rational nor irrational. We are consumers, savers, investors, and managers - corporate managers, money managers, financial advisers, and all other financial professionals. The book guides us to know our wants-including hope for riches, protection from poverty, caring for family, sincere social responsibility and high social status. It teaches financial facts and human behavior, including making cognitive and emotional shortcuts and avoiding cognitive and emotional errors such as overconfidence, hindsight, exaggerated fear, and unrealistic hope. And it guides us to banish ignorance, gain knowledge, and increase the ratio of smart to foolish behavior on our way to what we want. These lessons of behavioral finance draw on what we know about us-normal people-including our wants, cognition, and emotions. And they draw on the roles of these factors in saving and spending, portfolio construction, returns we can expect from our investments, and whether we can hope to beat the market. Meir Statman, a founder of behavioral finance, draws on his extensive research and the research of many others to build a unified structure of behavioral finance. Its foundation blocks include normal behavior, behavioral portfolio theory, behavioral life-cycle theory, behavioral asset pricing theory, and behavioral market efficiency.


Emotions Of Normal People

Author by : William Moulton Marston
Language : en
Publisher by : Read Books Ltd
Format Available : PDF, ePub, Mobi
Total Read : 67
Total Download : 738
File Size : 41,6 Mb
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Description : This masterful study, ‘Emotions of Normal People’ was penned by William Moulton Marston, who was a lecturer in Psychology at Columbia and New York University. It contains chapters dealing with the broader topics of normalcy and emotion, as well as more specialised debates such as the psychonic theory of consciousness, materialism and vitalism as well as the interactive principles of primary feelings and emotions. First published in 1928, Emotions of Normal People argued that individuals act along two axes, with their responsiveness being either passive or active relative to their perceptions of their environment as either favourable or antagonistic. Controversially, Marston posited that the masculine notions of freedom are inherently anarchic and violent, as opposed to feminine notions of love which lead to submission. This book provides a fascinating insight into a highly influential thinker; as controversial as he was prolific.


Psychoanalysis For Normal People

Author by : Geraldine Coster
Language : en
Publisher by : Read Books Ltd
Format Available : PDF, ePub, Mobi
Total Read : 25
Total Download : 607
File Size : 40,7 Mb
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Description : Many of the earliest books, particularly those dating back to the 1900s and before, are now extremely scarce and increasingly expensive. We are republishing these classic works in affordable, high quality, modern editions, using the original text and artwork.


Behavioral Finance And Investor Types

Author by : Michael M. Pompian
Language : en
Publisher by : John Wiley & Sons
Format Available : PDF, ePub, Mobi
Total Read : 56
Total Download : 127
File Size : 55,9 Mb
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Description : Achieve investing success by understanding your behavior type This groundbreaking book shows how to invest wisely by managing your behavior, and not just your money. Step by step, Michael Pompian (a leading authority in the practical application of Behavioral Finance concepts to wealth management) helps you plan a strategy targeted to your personality. The book includes a test for determining your investment type and offers strategies you can put into use when investing. It also includes a brief history of the stock market, and easy-to-comprehend information about stocks and investing to help you lay a solid foundation for your investment decisions. Behavioral Finance and Investor Types is divided into two parts. Test Your Type, gives an overview of Behavioral Finance as well as the elements that come into play when figuring out BIT, like active or passive traits, risk tolerance, and biases. The book includes a quiz to help you discover what category you are in. Plan and Act, contains the traits common to your type; an analysis of the biases associated with your type; and strategies and solutions that compliment and capitalize on your BIT. Offers a practical guide to an investing strategy that fits both your financial situation and your personality type Includes a test for determining your tolerance for risk and other traits that will determine your investment type Written by the Director of the Private Wealth Practice for Hammond Associates—an investment consulting firm serving institutional and private wealth clients Behavioral Finance and Investor Types offers investors a better sense of what drives them and what puts on their breaks. By using the information found here, you'll quickly become savvy about the world of investing because you'll come to understand your place in it.


The War On Normal People

Author by : Andrew Yang
Language : en
Publisher by : Hachette UK
Format Available : PDF, ePub, Mobi
Total Read : 75
Total Download : 531
File Size : 47,9 Mb
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Description : From entrepreneur Andrew Yang, the founder of Venture for America, an eye-opening look at how new technologies are erasing millions of jobs before our eyes-and a rallying cry for the urgent steps America must take, including Universal Basic Income, to stabilize our economy. The shift toward automation is about to create a tsunami of unemployment. Not in the distant future--now. One recent estimate predicts 45 million American workers will lose their jobs within the next twelve years--jobs that won't be replaced. In a future marked by restlessness and chronic unemployment, what will happen to American society? In The War on Normal People, Andrew Yang paints a dire portrait of the American economy. Rapidly advancing technologies like artificial intelligence, robotics and automation software are making millions of Americans' livelihoods irrelevant. The consequences of these trends are already being felt across our communities in the form of political unrest, drug use, and other social ills. The future looks dire-but is it unavoidable? In The War on Normal People, Yang imagines a different future -- one in which having a job is distinct from the capacity to prosper and seek fulfillment. At this vision's core is Universal Basic Income, the concept of providing all citizens with a guaranteed income-and one that is rapidly gaining popularity among forward-thinking politicians and economists. Yang proposes that UBI is an essential step toward a new, more durable kind of economy, one he calls "human capitalism."


Rejuvenating Bank Finance For Development In Asia And The Pacific

Author by : United Nations. Economic and Social Commission for Asia and the Pacific
Language : en
Publisher by : United Nations Publications
Format Available : PDF, ePub, Mobi
Total Read : 26
Total Download : 378
File Size : 54,8 Mb
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Description : This volume contains a number of papers exploring development finance issues in the banking and microfinance sectors within the Asia and Pacific region, including country studies from China, India, Thailand, Bangladesh, the Philippines and the Republic of Korea.


Finance For It Decision Makers

Author by : Michael Blackstaff
Language : en
Publisher by : Springer Science & Business Media
Format Available : PDF, ePub, Mobi
Total Read : 69
Total Download : 171
File Size : 44,6 Mb
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Description : Purpose The purpose of this book is to explain to information technology (IT) decision makers those aspects of finance that most affect their work. Most IT decision makers belong in one of two categories. Some know a lot about IT, but less about finance; the others know a lot about finance, but less about IT. In my experience, those in the first category often have to make financial decisions. Those in the second also, of course, have to make financial decisions, but about things whose characteristics stretch the normal financial and accounting rules up to, and sometimes beyond, their elastic limit. Among the characteristics of IT that provide interesting challenges for financial people are the following: • The accelerating rate of change • The short and unpredictable useful life of IT assets • The mixture of hardware, software and services • Upgradability • Networks that cross country boundaries • IT jargon Asked what characteristics of finance provide interesting challenges for IT people, many of them would answer - "Everything". However, items in the following selection are often particular causes of wonder: • Leasing • Why financial models always shrink benefits but never costs • Being told that a company with a mountain of profit is about to fail through lack of cash • Discovering that their budget has been charged with £113 485.


Quantitative Finance For Dummies

Author by : Steve Bell
Language : en
Publisher by : John Wiley & Sons
Format Available : PDF, ePub, Mobi
Total Read : 60
Total Download : 162
File Size : 53,6 Mb
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Description : An accessible, thorough introduction to quantitative finance Does the complex world of quantitative finance make you quiver? You're not alone! It's a tough subject for even high-level financial gurus to grasp, but Quantitative Finance For Dummies offers plain-English guidance on making sense of applying mathematics to investing decisions. With this complete guide, you'll gain a solid understanding of futures, options and risk, and get up-to-speed on the most popular equations, methods, formulas and models (such as the Black-Scholes model) that are applied in quantitative finance. Also known as mathematical finance, quantitative finance is the field of mathematics applied to financial markets. It's a highly technical discipline—but almost all investment companies and hedge funds use quantitative methods. This fun and friendly guide breaks the subject of quantitative finance down to easily digestible parts, making it approachable for personal investors and finance students alike. With the help of Quantitative Finance For Dummies, you'll learn the mathematical skills necessary for success with quantitative finance, the most up-to-date portfolio and risk management applications and everything you need to know about basic derivatives pricing. Covers the core models, formulas and methods used in quantitative finance Includes examples and brief exercises to help augment your understanding of QF Provides an easy-to-follow introduction to the complex world of quantitative finance Explains how QF methods are used to define the current market value of a derivative security Whether you're an aspiring quant or a top-tier personal investor, Quantitative Finance For Dummies is your go-to guide for coming to grips with QF/risk management.


Aspects Of Mathematical Finance

Author by : Marc Yor
Language : en
Publisher by : Springer Science & Business Media
Format Available : PDF, ePub, Mobi
Total Read : 18
Total Download : 296
File Size : 49,8 Mb
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Description : This collection of essays is based on lectures given at the "Académie des Sciences" in Paris by internationally renowned experts in mathematical finance. The collection develops, in simple yet rigorous terms, some challenging topics such as risk measures, the notion of arbitrage, dynamic models involving fundamental stochastic processes like Brownian motion and Lévy processes. The book also features a description of the trainings of French financial analysts.