Average Reviews:
(More customer reviews)The `Little Book' series continues to produce good work as this 10th installment is an exceptional introductory to our mental traps that we tend to slip into and then often repeat. The book is a quick and enjoyable read and is very clear with only the minimal amount of psychology jargon. This book comes highly recommended for any bookshelf on how to invest better and to make better decisions. Good reading and enjoy the journey of how not to be your own worst enemy :)
A sample of the first few chapters and mental traps are as follows: (seventeen chapters in total)
Chapter 1 - Paralysis Of Empathy Gap
Chapter 2 - Fear/Risk Aversion
Chapter 3 - Overoptimism
Chapter 4 - Authority Respect/Overconfidence
Chapter 5 - Anchoring
Chapter 6 - Information Overload
Chapter 7 - Reason Respecting
Chapter 8 - Conformational BiasAs a side note: I have pointed out in other reviews of additional books below that are in the same genre and which are some of my favorites. So if you like this very good introductory book, then you may be interested in other social influences and hidden traps our minds fall into. If so, I provide the following recommendations: Think Twice (introductory), Influence: The Psychology of Persuasion (polymath classic), How We Know What Isn't So (very good), Mean Markets and Lizard Brains (Hidden Gem), The Psychology of Judgment & Decision Making (Classic), and Poor Charlie's Almanack (Charlie's Insights).
Think Twice: Harnessing the Power of Counterintuition by Michael J. Mauboussin
Influence: The Psychology of Persuasion (Collins Business Essentials) by Robert B. Cialdini
How We Know What Isn't So: The Fallibility of Human Reason in Everyday Life by Thomas Gilovich
Mean Markets and Lizard Brains: How to Profit from the New Science of Irrationality by Terry Burnham
The Psychology of Judgment and Decision Making by Scott Plous
Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger by Peter D. Kaufman
Click Here to see more reviews about: The Little Book of Behavioral Investing: How not to be your own worst enemy (Little Book, Big Profits)
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