Personal Benchmark: Integrating Behavioral Finance and Investment Management

Personal Benchmark: Integrating Behavioral Finance and Investment Management

Publish:
8 October 2014
ISBN:
1118963326
ISBN:
978-1118963326
Pages:
338

Description:

This book presents a novel approach to investment management by emphasizing the creation of personal benchmarks tailored to individual goals and values. Widger and Crosby argue that traditional market benchmarks often lead investors astray, causing them to make irrational decisions driven by short-term market fluctuations. Instead, they advocate for a personalized investment framework that aligns with one's unique financial objectives, thereby mitigating the influence of emotional biases.

 

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