Investment Traps Exposed
Navigating Investor Mistakes and Behavioral Biases
1st Edition
Published on 20. March 2017
448 pages
978-1-78714-252-7 (ISBN)
Description
Winner of the Book Excellence Awards 2017, Personal Finance category
Given the complex and challenging world of investing, what chance do individuals have navigating the financial minefield and emerging unscathed? Not much, unless they become knowledgeable about investment fundamentals, recognize and correct their mistakes and behavioral biases, and avoid traps strewn along their path. Investment Traps Exposed guides investors past such potential pitfalls as pyramid and Ponzi schemes to help them become more financially successful.
Investment Traps Exposed helps investors and advisors increase their awareness about the external and internal traps that they or their clients can encounter. Baker and Puttonen not only examine common mistakes, assumptions and deceptions that can ensnare investors, affect sound judgment, and reduce wealth but also delve into how to recognize and avoid these errors. The authors present practical advice and real-world examples in a user-friendly manner, and also nudge investors to stay on the right course to mitigate misbehaving.
Given the complex and challenging world of investing, what chance do individuals have navigating the financial minefield and emerging unscathed? Not much, unless they become knowledgeable about investment fundamentals, recognize and correct their mistakes and behavioral biases, and avoid traps strewn along their path. Investment Traps Exposed guides investors past such potential pitfalls as pyramid and Ponzi schemes to help them become more financially successful.
Investment Traps Exposed helps investors and advisors increase their awareness about the external and internal traps that they or their clients can encounter. Baker and Puttonen not only examine common mistakes, assumptions and deceptions that can ensnare investors, affect sound judgment, and reduce wealth but also delve into how to recognize and avoid these errors. The authors present practical advice and real-world examples in a user-friendly manner, and also nudge investors to stay on the right course to mitigate misbehaving.
Reviews / Votes
Baker and Puttonen help people who invest money recognize and avoid common mistakes, behavioral biases, and investment traps that can reduce wealth. The traps they describe are pyramid and Ponzi schemes, other investment frauds, misrepresenting risky products as safe, making unrealistic return expectations, falling for mutual fund traps, overpaying for products and services, investing in complex products, gambling disguised as investing, and relying on unsupported promises. -- Annotation (c)2017 * (protoview.com) *More details
Language
English
Place of publication
Bingley
United Kingdom
Target group
Professional and scholarly
File size
3,98 MB
ISBN-13
978-1-78714-252-7 (9781787142527)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
H. Kent Baker | Vesa Puttonen
Investment Traps Exposed
Navigating Investor Mistakes and Behavioral Biases
Book
03/2017
Emerald Publishing Limited
€59.90
Article exhausted; check different version
Persons
H. Kent Baker, CFA, CMA, is University Professor of Finance in the Kogod
School of Business at the American University. He has authored or edited 28 books and more than 250 other
publications in such outlets as the Journal of Finance, Journal of
Financial and Quantitative Analysis, Financial Management, Financial
Analysts Journal, and Journal of Portfolio Management. Several
sources rank him among the top 1 percent of the most prolific academic authors
in finance during the past 50 years. Professor Baker has consulting and
training experience with more than 100 organizations. He has
eight earned degrees including three doctorates.
Vesa
Puttonen is Professor of Finance at Aalto University School of
Business. His research has been published in Management Science, Financial Analysts Journal, Financial
Management, European Financial
Management, Journal of Banking and
Finance, and Journal of Asset
Management among others. He has worked as Senior Vice President at the Helsinki Stock
Exchange and as Managing Director at Conventum Asset Management (Helsinki). Professor Puttonen is a faculty member of MBA
Programs in Helsinki, Hong Kong, Singapore, Poland, China, Iran, Taiwan and
South Korea.
School of Business at the American University. He has authored or edited 28 books and more than 250 other
publications in such outlets as the Journal of Finance, Journal of
Financial and Quantitative Analysis, Financial Management, Financial
Analysts Journal, and Journal of Portfolio Management. Several
sources rank him among the top 1 percent of the most prolific academic authors
in finance during the past 50 years. Professor Baker has consulting and
training experience with more than 100 organizations. He has
eight earned degrees including three doctorates.
Vesa
Puttonen is Professor of Finance at Aalto University School of
Business. His research has been published in Management Science, Financial Analysts Journal, Financial
Management, European Financial
Management, Journal of Banking and
Finance, and Journal of Asset
Management among others. He has worked as Senior Vice President at the Helsinki Stock
Exchange and as Managing Director at Conventum Asset Management (Helsinki). Professor Puttonen is a faculty member of MBA
Programs in Helsinki, Hong Kong, Singapore, Poland, China, Iran, Taiwan and
South Korea.
Content
1. Navigating the Investment Minefield
2. Common Investing Mistakes: Round One
3. Common Investing Mistakes: Round Two
4. How Behavioral Biases Can Hurt Your Investing
5. Trap 1: Becoming a Victim of Pyramid and Ponzi Schemes
6. Trap 2: Being Deceived by Other Investment Frauds
7. Trap 3: Misrepresenting Risky Products as Safe
8. Trap 4: Making Unrealistic Return Expectations
9. Trap 5: Falling for Mutual Fund Traps
10. Trap 6: Overpaying for Products and Services
11. Trap 7: Investing in Complex Products
12. Traps 8 and 9: Engaging in Gambling Disguised as Investing and Relying on Unsupported Promises Index
2. Common Investing Mistakes: Round One
3. Common Investing Mistakes: Round Two
4. How Behavioral Biases Can Hurt Your Investing
5. Trap 1: Becoming a Victim of Pyramid and Ponzi Schemes
6. Trap 2: Being Deceived by Other Investment Frauds
7. Trap 3: Misrepresenting Risky Products as Safe
8. Trap 4: Making Unrealistic Return Expectations
9. Trap 5: Falling for Mutual Fund Traps
10. Trap 6: Overpaying for Products and Services
11. Trap 7: Investing in Complex Products
12. Traps 8 and 9: Engaging in Gambling Disguised as Investing and Relying on Unsupported Promises Index
