Goodreads helps you keep track of books you want to read.
Start by marking “Beyond Greed and Fear: Finance and the Psychology of Investing” as Want to Read:
Beyond Greed and Fear: Finance and the Psychology of Investing
Enlarge cover
Rate this book
Clear rating
Open Preview

Beyond Greed and Fear: Finance and the Psychology of Investing

3.74  ·  Rating details ·  223 ratings  ·  16 reviews
Even the best Wall Street investors make mistakes. No matter how savvy or experienced, all financial practitioners eventually let bias, overconfidence, and emotion cloud their judgement and misguide their actions. Yet most financial decision-making models fail to factor in these fundamentals of human nature. In Beyond Greed and Fear, the most authoritative guide to what ...more
Hardcover, 384 pages
Published September 15th 1999 by Oxford University Press, USA
More Details... Edit Details

Friend Reviews

To see what your friends thought of this book, please sign up.

Reader Q&A

To ask other readers questions about Beyond Greed and Fear, please sign up.

Be the first to ask a question about Beyond Greed and Fear

This book is not yet featured on Listopia. Add this book to your favorite list »

Community Reviews

Showing 1-30
Average rating 3.74  · 
Rating details
 ·  223 ratings  ·  16 reviews

More filters
Sort order
Start your review of Beyond Greed and Fear: Finance and the Psychology of Investing
A job-related read. Fairly technical, but good insight into how behavioral finance works. I took away some reasonably applicable concepts and examples, helping to inform my understanding of why the people I help do the things they do,
Kayla Slager
Sep 17, 2014 rated it it was amazing  ·  review of another edition
Incredibly informational of the heuristics behind people, especially pertaining to trading.
Ayan Butt
teri main pan nu...........................................................................
Ajay Shyam
I have only recently started reading behavioral finance books to understand my own investment and trading psychological drivers and found this book to be educative. As it is research based on it required dense me to slow read it. The research is good insight into how we value market and risk but as most research is nearly 2 decade old so pre-google lead information glut age so would love to discover some more books on the subject that include the current period too.

Over all a good primer to
Jul 23, 2019 rated it it was amazing  ·  review of another edition
An absolute must for any trader to read. Should be read many times to get out of the EMH indoctrination of college classes.
Ishmamur Khan
Jul 07, 2017 rated it it was amazing  ·  review of another edition
An in depth look at how some of our most important financial institutions work.
Yuekun Liu
Aug 13, 2016 rated it it was amazing  ·  review of another edition

A fantastic overview of subjects on behavioural finance. It is kind of similar to the book 'Behavioural Finance: Psychology, Decision-making, and Markets', but with more cases. It states that psychology is everywhere under the finance topic.

As the author said, he organized the subject matter of behavioural finance into three broad themes: heuristic-driven bias, frame dependence, and inefficient market.

So far, in my understanding, this world does not exist behavioural finance. Finance did not
Kevin Pilot
Jan 27, 2013 rated it really liked it  ·  review of another edition
An excellent overview of behavioral finance. Three mains components of most behavioral finance/economics/accounting ideas are explained well; heuristic biases, frame dependence and the inefficiency of markets (I think this could be expanded to describe inefficiencies in most most "free" exchanges of anything of value). The first half of the book goes over these key ingredients to understanding this subset of finance. The second half tries to apply these ideas to the investment industry, ...more
Javier Villar
Nov 28, 2015 rated it it was ok  ·  review of another edition
Shelves: trading
Academic perspective and jargon, which is nonsense from my point of view. Scholars spin around being right and that has nothing to do with making money. To surrender or not to surrender, that is the question.
Jan 18, 2012 rated it really liked it
Excellent book on Behavioral Finance. Needs some background on Finance theory
Natalie Mok
Jun 18, 2013 marked it as to-read  ·  review of another edition
Behavioral finance
Zach Zhao
A fascinating book that connects my interest in psychology with my passion in finance.
Aug 21, 2007 rated it really liked it  ·  review of another edition
Recommends it for: daesy
Shelves: investment
this is very good and entertaining book about investment
Amit Trivedi
A very good book for a serious student of behavioral finance. The book links many theoretical concepts with the research conducted in the field by taking real life data and examples. Very insightful
Giorgio Gobbi
rated it liked it
Jan 07, 2020
tiffany taylor
rated it it was amazing
Jan 22, 2016
smita gopal
rated it liked it
Feb 05, 2016
rated it really liked it
Sep 04, 2018
Kevin Johnson
rated it liked it
Mar 05, 2008
rated it liked it
May 30, 2014
rated it it was ok
Mar 06, 2017
Todd Stromswold
rated it really liked it
Sep 13, 2014
Janice Natalie
rated it it was ok
Oct 19, 2017
Sahil Sachdeva
rated it really liked it
Mar 11, 2017
Lionel D Greene
rated it it was amazing
Dec 05, 2015
Marc Mälter
rated it it was amazing
Jan 30, 2019
rated it really liked it
Nov 27, 2011
Alan Ochalek
rated it it was amazing
Oct 17, 2017
Paul Odell-Scott
rated it did not like it
Feb 27, 2019
Hristo Dimitrov
rated it really liked it
May 30, 2012
« previous 1 3 4 5 6 7 8 next »
There are no discussion topics on this book yet. Be the first to start one »

Readers also enjoyed

  • Irrational Exuberance
  • Principles: Life and Work
  • The Black Swan: The Impact of the Highly Improbable
  • When Genius Failed: The Rise and Fall of Long-Term Capital Management
  • 13 Things Mentally Strong People Don't Do: Take Back Your Power, Embrace Change, Face Your Fears, and Train Your Brain for Happiness and Success
  • The Halo Effect: ... and the Eight Other Business Delusions That Deceive Managers
  • Dit kan niet waar zijn
  • The Happiness Advantage: The Seven Principles of Positive Psychology That Fuel Success and Performance at Work
  • Gli uomini vengono da Marte, le donne da Venere: Istruzioni per l'uso
  • 밀레니엄 1 상: 여자를 증오한 남자들 (Millennium 1: Phase Millennium: The men hate women)
  • Social Intelligence: The New Science of Human Relationships
  • The Tartar Steppe
  • Talent is Overrated: What Really Separates World-Class Performers from Everybody Else
  • A Short History of Financial Euphoria
  • What I Learned Losing A Million Dollars
  • Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
  • How to Stop Worrying and Start Living
  • Liar's Poker
See similar books…
“Imagine 100 book bags, each of which contains 1,000 poker chips. Forty-five bags contain 700 black chips and 300 red chips. The other 55 bags contain 300 black chips and 700 red chips. You cannot see inside any of the bags. One of the bags is selected at random by means of a coin toss. Consider the following two questions about the selected book bag. 1. What probability would you assign to the event that the selected bag contains predominantly black chips? 2. Now imagine that 12 chips are drawn, with replacement, from the selected bag. These twelve draws produce 8 blacks and 4 reds. Would you use the new information about the drawing of chips to revise your probability that the selected bag contains predominantly black chips? If so, what new probability would you assign?” 0 likes
More quotes…