The first comprehensive book to apply psychological theory to a broad range of investment topics, The Psychology of Investing explores the interface between human emotions and financial decision making. Drawing on the invaluable wisdom and cutting-edge research of top experts in what is an area of ever-increasing interest and importance, it describes how both group dynamics and an individual's personal psychology affect investor decisions. This authoritative and practical book features contributions from professional psychologists, psychiatrists, academics, and investment practitioners who are among the leading thinkers and teachers in their fields. Among those sharing their innovative ideas and far-reaching thoughts on such topics as contrarian theory, momentum strategies, and investor overreactions are faculty members from Harvard Medical School and Harvard Business School, columnists from Forbes magazine, publishers of investment newsletters, and authors of investment related books. Groundbreaking in the way it explores the connection between psychology and investment performance, it is essential reading for anyone seeking insight into this unique relationship.
About the Author
PAUL S. LEVY is Professor of Epidemiology and Biostatistics at the University of Illinois School of Public Health. He is a Fellow of both the American Statistical Association and the American College of Epidemiology and has been widely published during his long and distinguished career as a statistician and epidemiologist. Most recently he served as section editor for design of experiments and sample surveys of the Encyclopedia of Biostatistics. STANLEY LEMESHOW is Professor of Biostatistics in the School of Public Health at the University of Massachusetts at Amherst. He is a Fellow of the American Statistical Association and has published numerous articles in statistical and biomedical journals. In addition to this book, he has coauthored Applied Logistic Regression (Wiley), Adequacy of Sample Size in Health Studies, and Applied Survival Analysis (Wiley).
