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The Laws of Wealth: Psychology and the secret to investing success


Price: $18.99
(as of Dec 23, 2024 12:29:46 UTC – Details)


From New York Times and USA Today bestselling author, Dr. Daniel Crosby―the behavioral finance book all investors have been waiting for.

In The Laws of Wealth, psychologist and behavioral finance expert Daniel Crosby presents three sets of real, actionable rules that investors can use to apply the lessons of behavioral finance.

He begins with ten rules that are the hallmarks of good investor behavior, including ‘Forecasting is for Weathermen,’ ‘If You’re Excited, It’s Probably a Bad Idea,’ and ‘Trouble is Opportunity.’

From here, attention turns to the Four Cs of Rule-Based Investing: Consistency, Clarity, Courageousness, Conviction. The Four Cs provide practical methods to combat behavioral risk in investing.

And finally, he introduces the Five Ps of successful equity investing: Price, Properties, Pitfalls, People, Push. Investors can draw on these five methods to select stocks and take advantage of behavioral opportunities in the stock market.

Throughout, anecdotes, research, and graphics illustrate the lessons in memorable ways. And in highly valuable ‘What now?’ summaries at the end of each chapter, Crosby provides clear, concise direction on what to think, ask, and do next to become a better investor.

If you are wondering what years of behavioral finance has delivered for real investors, you should follow the laws of wealth to manage your behavior and improve your investing!


From the Publisher

Morgan Housel, Daniel Crosby, The Laws of Wealth, Behavioral Finance, Investing, BehavioralMorgan Housel, Daniel Crosby, The Laws of Wealth, Behavioral Finance, Investing, Behavioral

From New York Times and USA Today bestselling author, Dr Daniel Crosby, comes the behavioral finance book all investors have been waiting for, now available in paperback.

The Laws of Wealth is a gold medalist in the Axiom Business Book Awards (2017) and provides investors with three sets of real, actionable rules that they can use to apply the lessons of behavioral finance.

The paperback edition includes a brand new foreword by bestselling author of The Psychology of Money Morgan Housel.

Publisher ‏ : ‎ Harriman House (March 30, 2021)
Language ‏ : ‎ English
Paperback ‏ : ‎ 264 pages
ISBN-10 ‏ : ‎ 0857197835
ISBN-13 ‏ : ‎ 978-0857197832
Reading age ‏ : ‎ 16 years and up
Item Weight ‏ : ‎ 2.31 pounds
Dimensions ‏ : ‎ 5.55 x 0.85 x 8.5 inches

Customers say

Customers find the book provides clear and practical investment principles and psychology insights. They describe it as an engaging read with a simple and understandable approach. The content is presented in a straightforward manner that readers can follow. Customers appreciate the author’s sense of humor and witty storytelling. Overall, they find the book entertaining and informative.

AI-generated from the text of customer reviews

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