book summary of “ Beyond Greed and Fear ” by Hersh Shefrin
Trading in the financial markets is a combination of fear, risk and greed. However, in order to act differently or not get caught up in repetitive potholes, a newer approach must be taken. We may even have to look beyond our fears and greed to find a smoother way to get out of the way. In this article, we go to the book ” Beyond Greed and Fear ” by “Hersh Shefrin” and examine his view on trading with the naked eye. If you want to figure out some of the big mistakes in the financial markets and the world of investing, stay tuned for the rest of this book [ Beyond Greed and Fear ] . Where did financial behavior come from? Financial behavior emerged as psychologists became interested in finance and economics. In fact, financial markets were a pristine bedrock for psychologists. Since investors usually think of themselves as rational, accountable people with no clue about their financial behavior and the decisions they make. When psychologists examined financi...