{"product_id":"stop-think-invest-a-behavioral-finance-framework-for-optimizing-investment-portfolios-9781264268382","title":"Stop. Think. Invest.: A Behavioral Finance Framework for Optimizing Investment Portfolios","description":"\u003cp\u003e\u003cb\u003eUse the power of behavioral finance to make smarter, better-informed decisions through every step of the investing process\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eIn 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.\u003c\/p\u003e\u003cp\u003eApplying powerful behavioral finance concepts, \u003ci\u003eStop. Think. Invest.\u003c\/i\u003e 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, including: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eBegin the initial research into a new stock\u003c\/li\u003e\n\u003cli\u003eCreate an investment thesis--why are you buying the stock?\u003c\/li\u003e\n\u003cli\u003eTrade timing and size--when are you buying and how much?\u003c\/li\u003e\n\u003cli\u003eMake the initial purchase\u003c\/li\u003e\n\u003cli\u003eReview the trade--round up or round down\u003c\/li\u003e\n\u003cli\u003eTest your original investment thesis\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e\u003c\/p\u003e\u003ci\u003eStop.\u003c\/i\u003e \u003ci\u003eThink. Invest.\u003c\/i\u003e reveals critical information about behavioral finance flaws, such as anchoring, confirmation bias, recency bias, and loss aversion. \u003cp\u003e\u003c\/p\u003eUnlike other behavioral investing guides, \u003ci\u003eStop. Think. Invest.\u003c\/i\u003e offers a fully organized and practical approach to applying behavioral finance to everyday investing.\u003cp\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003e\u003ci\u003eBailey, Michael:\u003c\/i\u003e\u003c\/b\u003e - \u003cb\u003eMichael Bailey, \u003c\/b\u003eCFA, is Director of Research and Investment Committee Chair for FBB Capital Partners, a boutique Washington, D.C., investing firm with $1.4 billion assets under management, as of 12\/31\/2020. Bailey created and launched an investment strategy for managing a portfolio of stocks with high environmental, social, and governmental metrics. He served as principal and equity research analyst for Legg Mason and held positions at Bear Sterns and Raymond James.\u003cbr\u003e","brand":"McGraw-Hill Companies","offers":[{"title":"Default Title","offer_id":50496249266450,"sku":"9781264268382","price":25.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_63234c59-0016-4933-8caf-e9dd35ed15c6.jpg?v=1730692135","url":"https:\/\/surprise-castle.myshopify.com\/products\/stop-think-invest-a-behavioral-finance-framework-for-optimizing-investment-portfolios-9781264268382","provider":"Surprise Castle","version":"1.0","type":"link"}