Stop. Think. Invest.: A Behavioral Finance Framework For Optimizing Investment Portfolios Av Michael Bailey

<p><b>Use the power of behavioral finance to make smarter, better-informed decisions through every step of the investing process</b></p><p>In an economy where markets are more unpredictable than ever, emotions can derail the efforts of even the most experienced investors and wreak havoc on portfolio returns.</p><p>Applying powerful behavioral finance concepts, <i>Stop. Think. Invest.</i> provides a framework for identifying personal biases and avoiding mistakes that can cost big profits. Based on the author’s extensive research and 100 key behavioral finance concepts, this guide provides a winning 12-step process you can use to successfully manage your trading and investing for long-term success, includin</p><ul><li>Begin the initial research into a new stock</li><li>Create an investment thesis—why are you buying the stock?</li><li>Trade timing and size—when are you buying and how much?</li><li>Make the initial purchase</li><li>Review the trade—round up or round down</li><li>Test your original investment thesis</li></ul><p></p><i>Stop.</i> <i>Think. Invest.</i> reveals critical information about behavioral finance flaws, such as anchoring, confirmation bias, recency bias, and loss aversion.<br><br>Unlike other behavioral investing guides, <i>Stop. Think. Invest.</i> offers a fully organized and practical approach to applying behavioral finance to everyday investing.<p></p><br>