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The Laws of Wealth: Psychology and the Secret to Investing Success
Psychologist Daniel Crosby translates behavioral-finance research into practical principles for investing amid uncertainty. He explains how overconfidence, fear, social influence, short-term thinking, and the search for compelling stories can undermine otherwise sensible plans. The book combines broad rules about market behavior with a framework for constructing portfolios that account for human tendencies rather than assuming perfect rationality. Crosby's central message is that successful investing depends less on predicting every market move than on building habits, systems, and safeguards that keep an investor from becoming their own greatest risk.
- Publisher
- Harriman House Publishing
- Publication date
- 2016
- Format
- Print edition
- Pages
- 279
- ISBN
- 9780857195241
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