How Not To Invest: The ideas, numbers, and behaviors that destroy wealth - and how to avoid them by null

About This Book

Focuses on identifying and avoiding common investment mistakes driven by psychological biases, emphasizing error prevention for financial success.

Level:

Well-written, concise, engaging, accessible for novice and experienced investors, some financial terminology.

Concepts:

Behavioral financerisk management (avoiding wealth-destroying mistakes).

Skills:

Critical thinking regarding investment decisionsrecognizing and avoiding common pitfallsmore purposeful investing.

Relevance:

Personal financeinvestment management.

Applications:

Direct real-world application for anyone investinguses real-world examples and anecdotes.

This book was designed to reduce mistakes

Your mistakes with money

Tiny errors, epic fails and everything in between

You can do thousands of things right, but make just a few of the errors we discuss, and you destroy much of your portfolio

If you could learn how to avoid the unforced errors investors make all the time, you would make your life so much richer and less stressful

The counterintuitive truth is avoiding errors is much more important than scoring wins

How Not To Invest shows you a few simple tools and models that will help you avoid the most common mistakes people make with their money

Learn these, and you are ahead of 98% of your peers

Make fewer errors, end up with more money

Barry Ritholtz lays out the most common errors investors make

He reveals his favorite mistakes, including the lessons we can learn from some of the wealthiest and most error-prone investors

The goal with this book is to help you make fewer of them, and to have the mistakes you do make be less expensive