The Evidence-Based Investor
Overcoming Investment Myths for Better Performance
Author(s)
Böni, Pascal
Kröncke, Tim
Language
EnglishAbstract
Investing is simple in theory, yet difficult in practice. Investors give up returns and often unknowingly increase risk by falling for one or more of the investment myths. This open access book explores why countless investors keep falling into the same traps, warns against the alluring though deceptive voices of the investment world, and unravels ten specific myths that often lead investors astray. To avoid these pitfalls, a scientifically-based and disciplined approach to investing is presented, one which is centered around only three sub-portfolios. Based on empirical and theoretical insights, this book empowers readers to make smarter, better-informed investment decisions. If you want to master the art of investing and build a prosperous financial future, this book will serve as your essential guide.
Keywords
Investing mistakes; Investing myths; Financial wealth; Building wealth through investing; The Market-Participation Myth; The Investment-Concentration Myth; The Stock-Picking Myth; The Active-Investing Myth; The Home-Bias Myth; The Market-Timing Myth; The Factor-Investing Myth; The Performance-Persistence Myth; The Volatility-Irrelevance Myth; The ESG-Investing Myth; Portfolio strategy; Portfolio optimization; Efficient Portfolios; Global Market Portfolio; Capital Market AssumptionsDOI
10.1007/978-3-031-88675-1ISBN
9783031886751, 9783031886751, 9783031886744Publisher
Springer NaturePublisher website
https://www.springernature.com/gp/products/booksPublication date and place
Cham, 2025Imprint
Palgrave MacmillanClassification
Finance and the finance industry
Management and management techniques
Risk assessment


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