Description
Given the complex and challenging world of investing, what chance do individuals have navigating the financial minefield and emerging unscathed? Not much, unless they become knowledgeable about investment fundamentals, recognize and correct their mistakes and behavioral biases, and avoid traps strewn along their path. Investment Traps Exposed guides investors past such potential pitfalls as pyramid and Ponzi schemes to help them become more financially successful.
Investment Traps Exposed helps investors and advisors increase their awareness about the external and internal traps that they or their clients can encounter. Baker and Puttonen not only examine common mistakes, assumptions and deceptions that can ensnare investors, affect sound judgment, and reduce wealth but also delve into how to recognize and avoid these errors. The authors present practical advice and real-world examples in a user-friendly manner, and also nudge investors to stay on the right course to mitigate misbehaving.
About the Author
H. Kent Baker, CFA, CMA, is University Professor of Finance in the Kogod School of Business at the American University. He has authored or edited 28 books and more than 250 other publications in such outlets as the Journal of Finance, Journal of Financial and Quantitative Analysis, Financial Management, Financial Analysts Journal, and Journal of Portfolio Management. Several sources rank him among the top 1 percent of the most prolific academic authors in finance during the past 50 years. Professor Baker has consulting and training experience with more than 100 organizations. He has eight earned degrees including three doctorates.
Vesa Puttonen is Professor of Finance at Aalto University School of Business. His research has been published in Management Science, Financial Analysts Journal, Financial Management, European Financial Management, Journal of Banking and Finance, and Journal of Asset Management among others. He has worked as Senior Vice President at the Helsinki Stock Exchange and as Managing Director at Conventum Asset Management (Helsinki). Professor Puttonen is a faculty member of MBA Programs in Helsinki, Hong Kong, Singapore, Poland, China, Iran, Taiwan and South Korea.
Reviews
Baker and Puttonen help people who invest money recognize and avoid common mistakes, behavioral biases, and investment traps that can reduce wealth. The traps they describe are pyramid and Ponzi schemes, other investment frauds, misrepresenting risky products as safe, making unrealistic return expectations, falling for mutual fund traps, overpaying for products and services, investing in complex products, gambling disguised as investing, and relying on unsupported promises. -- Annotation (c)2017 * (protoview.com) *
Awards
Winner of Book Excellence Award 2017 2017. Runner-up for AXIOM business book awards Personal - Finance/Retirement Planning/Investing category 2017.
Book Information
ISBN 9781787142534
Author H. Kent Baker
Format Hardback
Page Count 448
Imprint Emerald Publishing Limited
Publisher Emerald Publishing Limited
