Summary |
At a time when market upheavals are eroding investors confidence, dooming lifes earnings and corporate fortunes, and whipping up mass hysteria-Value Investment and Behavioral Finance comes as an antidote to investor anxiety and a guide to sane and safe investment decisions. Using investing trends in Indian capital markets over the last three decades, it shows how collective behavioral biases affect investment decision, returns and market vagaries. As a corrective, it spells out long-terms value and contrarian investing strategies based on the principles of behavioral finance.
Further, it advises on how to spot investment opportunities and pitfalls in commodity stock, growth stocks, PSUs, IPOs, sectors and index stocks. It also alerts the reader to a bubble or crisis situation, and ways to identify and insure against it.
Value Investment and Behavioral Finance, a timely offering from a seasoned investment strategic, is a must read for stock brokers, bankers, lay investor, portfolio managers, fund managers, and students of finance.
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