Why Smart People Make Big Money Mistakes and How to Correct Them by Gary Belsky and Thomas Gilovich
[easyazon_image align=”left” height=”160″ identifier=”1439163367″ locale=”US” src=”http://www.sharkinvestor.com/wp-content/uploads/2016/02/51in31VQYGL.SL160.jpg” tag=”sharkinvestor00-20″ width=”104″]Who: Belsky is a media consultant and lecturer on sales psychology, behavioral economics and decision making. Gilovich is a professor of psychology with a focus on decision making and behavioral economics.
What: This is a very practical book on behavioral economics. It provides a wealth of academically grounded tips and techniques to help investors make better decisions.
When: Originally published in 1999
Where: [easyazon_link identifier=”1439163367″ locale=”US” tag=”sharkinvestor00-20″]Here[/easyazon_link]
Against the Gods: The Remarkable Story of Risk by Peter L. Bernstein
[easyazon_image align=”left” height=”160″ identifier=”0471295639″ locale=”US” src=”http://www.sharkinvestor.com/wp-content/uploads/2016/02/51Sp5SAmhPL.SL160.jpg” tag=”sharkinvestor00-20″ width=”105″]Who: Bernstein is an American financial historian, economist and educator famous for his contributions to the efficient-market hypothesis.
What: This book turns the rather dry subject of human effort to understand risk and probabilities into an interesting narrative, with plenty of examples and historical anecdotes.
When: Originally published in 1996
Where: [easyazon_link identifier=”0471295639″ locale=”US” tag=”sharkinvestor00-20″]Here[/easyazon_link]
Common Sense on Mutual Funds by John C. Bogle
[easyazon_image align=”left” height=”160″ identifier=”0470138130″ locale=”US” src=”http://www.sharkinvestor.com/wp-content/uploads/2016/02/51TfD6o1HXL.SL160.jpg” tag=”sharkinvestor00-20″ width=”108″]Who: Bogle is the founder and former CEO of the Vanguard Group, the world’s largest provider of index funds.
What: In this timeless book Bogle provides a strong case for the superiority of index over active mutual fund investing for private investors over the long term.
When: Originally published in 1999
Where: [easyazon_link identifier=”0470138130″ locale=”US” tag=”sharkinvestor00-20″]Here[/easyazon_link]
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