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The Psychology of Investing: How to Stop Making Foolish Decisions with Your Money

SKU: 4AB0560B

$599.00

Description

If you want to become a successful investor, you must recognise your inner enemies: doubt, panic, fear, impatience, the urge to copy others, greed and anger. If you fail to overcome or come to terms with them, you are bound to lose and lose money. Emotions are hard-wired into us by nature, but what sets humans apart from animals is our ability to rein them in.
Experienced investment adviser and brilliant visualiser Carl Richards helps you find answers to important questions: how not to lose your composure; how to allocate your assets and energy correctly — where to save, and where to invest as much as possible. From his book, you will learn how to avoid the pitfalls that lie in wait for both novices and professionals; you will realise whether your desired goal is achievable; and you will be able to improve and simplify your relationship with your finances.
The author illustrates most of his advice with ‘napkin sketches’. These simple, clear and highly memorable diagrams are excellent for grasping complex financial concepts — it is no wonder they have earned their author the affection of hundreds of thousands of readers of his books, blog and weekly ‘Sketch Guy’ column in The New York Times.

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