Rational Thinking and Investing
Rational Thinking and Investing by Jaret Wilson
English | 2022 | ISBN: N/A | ASIN: B09YC21NJV | 295 pages | EPUB | 0.31 Mb
English | 2022 | ISBN: N/A | ASIN: B09YC21NJV | 295 pages | EPUB | 0.31 Mb
Humans often aren’t rational. We are animals, and we evolved to mate and to survive, not to compute. Although our intuitive decision-making process served us well in prehistoric times, in modern times we need to think more deliberately in order to avoid our biases.
In the first part of Rational Thinking and Investing, hedge fund manager Jaret Wilson examines the science of behavioral economics to show how and why we think irrationally, and how we can do better with a more scientific process.
The second part of the book applies the lessons learned to the practice of investing in the stock market. Concise and eye-opening, Rational Thinking and Investing helps readers become not only more successful investors but also more rational decision-makers in every aspect of life.
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