Behavioral Finance and Your Portfolio

PRAISE FOR BEHAVIORAL FINANCE AND YOUR PORTFOLIO

“Personality is linked to investors’ cognitive errors, including overconfidence and emotions such as regret. Michael Pompian’s work contributes greatly to our understanding of investor behavior as he exposes these important insights into investor psychology.”
—Meir Statman, Glenn Klimek Professor of Finance, Santa Clara University; author, What Investors Really Want

“Michael Pompian brings something new to the field of behavioral finance books. By combining insights into our fundamental cognitive and emotional biases and investor personality types, he provides concrete, practical action steps to avoid making big mistakes. In classic Pompian style, he does this with efficient, easy-to-read prose. You do not want to make important financial decisions without reading this book.”
—Stephen Horan, Head of Private Wealth, CFA Institute; author, The New Wealth Management

“Many inefficiencies in the market are a result of how investors let their emotions dictate their investment decisions. Michael Pompian’s work provides a framework to understand why these inefficiencies exist and how they can improve their investment portfolios.”
—Jean L.P. Brunel, Editor, The Journal of Wealth Management

“Michael Pompian is a global authority and thought leader in the field of Behavioral Finance. I have worked closely with Michael for many years in an ultra-high-net-worth client advisory setting, and I have witnessed his application of the behavioral principles that he has developed over a 25-year consulting career. I have seen Michael navigate, adapt to, and mitigate complex behavioral biases while still accomplishing portfolio management risk and return objectives. Read this book!”