{"product_id":"finance-for-normal-people-meir-statman-9780190626471","title":"Finance for Normal People: How Investors and Markets Behave","description":"\u003cem\u003eFinance for Normal People\u003c\/em\u003e teaches behavioral finance to people like you and me - normal people, neither rational nor irrational. We are consumers, savers, investors, and managers - corporate managers, money managers, financial advisers, and all other financial professionals. \u003cp\u003e\u003c\/p\u003eThe book guides us to know our wants-including hope for riches, protection from poverty, caring for family, sincere social responsibility and high social status. It teaches financial facts and human behavior, including making cognitive and emotional shortcuts and avoiding cognitive and emotional errors such as overconfidence, hindsight, exaggerated fear, and unrealistic hope. And it guides us to banish ignorance, gain knowledge, and increase the ratio of smart to foolish behavior on our way to what we want. \u003cp\u003e\u003c\/p\u003eThese lessons of behavioral finance draw on what we know about us-normal people-including our wants, cognition, and emotions. And they draw on the roles of these factors in saving and spending, portfolio construction, returns we can expect from our investments, and whether we can hope to beat the market. \u003cp\u003e\u003c\/p\u003eMeir Statman, a founder of behavioral finance, draws on his extensive research and the research of many others to build a unified structure of behavioral finance. Its foundation blocks include normal behavior, behavioral portfolio theory, behavioral life-cycle theory, behavioral asset pricing theory, and behavioral market efficiency.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Meir Statman\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 019062647X\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780190626471\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Oxford University Press, USA\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 05\/01\/2017\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 488\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.70lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.40h x 6.40w x 1.20d","brand":"Meir Statman","offers":[{"title":"Hardcover","offer_id":43988812136703,"sku":"9780190626471","price":42.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_6c2f4171-8020-40af-add0-494da2a7bf9c.jpg?v=1683296533","url":"https:\/\/www.whiterainbookhouse.com\/products\/finance-for-normal-people-meir-statman-9780190626471","provider":"WR Book House","version":"1.0","type":"link"}