Investment mistakes even smart investors make and how to avoid them / (Record no. 36583)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 06890cam a2200349 a 4500 |
| 001 - CONTROL NUMBER | |
| control field | 16914875 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20241024141650.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 110811s2012 nyu b 001 0 eng |
| 010 ## - LIBRARY OF CONGRESS CONTROL NUMBER | |
| LC control number | 2011033678 |
| 016 7# - NATIONAL BIBLIOGRAPHIC AGENCY CONTROL NUMBER | |
| Record control number | 015894338 |
| Source | Uk |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9780071786829 (alk. paper) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 0071786821 (alk. paper) |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (OCoLC)ocn740631453 |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | LC |
| Transcribing agency | LC |
| Modifying agency | ABK |
| Description conventions | RDA |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | pcc |
| 050 00 - LIBRARY OF CONGRESS CALL NUMBER | |
| Classification number | HG4521 |
| Item number | .S898 2012 |
| 082 00 - DEWEY DECIMAL CLASSIFICATION NUMBER | |
| Edition number | 23 |
| Classification number | 332.6 |
| Item number | SWE |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Swedroe, Larry E. |
| 9 (RLIN) | 714 |
| 245 10 - TITLE STATEMENT | |
| Title | Investment mistakes even smart investors make and how to avoid them / |
| Statement of responsibility, etc. | Larry Swedroe, RC Balaban. |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Place of publication, distribution, etc. | New York : |
| Name of publisher, distributor, etc. | McGraw-Hill, |
| Date of publication, distribution, etc. | c2012. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | xvii, 295 pages ; |
| Dimensions | 24 cm. |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE | |
| Bibliography, etc. note | Includes bibliographical references and index. |
| 505 ## - FORMATTED CONTENTS NOTE | |
| Formatted contents note | • PART 1: Understanding and controlling human behavior is important for investment success<br/>o MISTAKE 1 Are you overconfident of your skills?<br/>o MISTAKE 2 Do you project recent trends indefinitely into the future?<br/>o MISTAKE 3 Do you believe events are more predictable after the fact than before<br/>o MISTAKE 4 Do you extrapolate from small samples and trust your intuition?<br/>o MISTAKE 5 Do you let your Ego dominate the decision-making process?<br/>o MISTAKE 6 Do you allow yourself to be influenced by a herd mentality?<br/>o MISTAKE 7 Do you confuse skill and luck?<br/>o MISTAKE 8 Do you avoid passive investing because you sense a loss of control?<br/>o MISTAKE 9 Do you avoid admitting your investment mistakes?<br/>o MISTAKE 10 Do you pay attention to the “experts”?<br/>o MISTAKE 11 Do you let the price paid affect your decision to continue to hold an asset?<br/>o MISTAKE 12 Are you subject to the fallacy of the “hot streak”?<br/>o MISTAKE 13 Do you confuse the familiar with the safe?<br/>o MISTAKE 14 Do you believe you are playing with the house’s money?<br/>o MISTAKE 15 Do you let friendships influence your choice of investment advisors?<br/><br/>• PART 2: Ignorance is not bliss<br/>o MISTAKE 16 Do you fail to see the poison inside the shiny apple?<br/>o MISTAKE 17 Do you confuse information and knowledge?<br/>o MISTAKE 18 Do you believe your fortune is in the stars?<br/>o MISTAKE 19 Do you rely on misleading information?<br/>o MISTAKE 20 Do you only consider the operating expense ratio when selecting a mutual fund?<br/>o MISTAKE 21 Do you fail to consider the costs of an investment strategy?<br/>o MISTAKE 22 Do you confuse great companies with high return investments?<br/>o MISTAKE 23 Do you understand how the price paid affects returns?<br/>o MISTAKE 24 Do you believe more heads are better than one?<br/>o MISTAKE 25 Do you believe active managers will protect you from bear markets?<br/>o MISTAKE 26 Do you fail to compare your funds with proper benchmarks?<br/>o MISTAKE 27 Do you focus on pretax returns<br/>o MISTAKE 28 Do you rely on a funds descriptive name when making purchase decisions?<br/>o MISTAKE 29 Do you believe active management is a winner’s game in inefficient markets?<br/>o MISTAKE 30 Do you fail to understand the Tyranny of the efficiency of the market?<br/>o MISTAKE 31 Do you believe hedge fund managers deliver superior performance?<br/>o MISTAKE 32 Are you subject to the money illusion?<br/>o MISTAKE 33 Do you believe demographics are destiny?<br/>o MISTAKE 34 Do you follow a prudent process when choosing a financial advisory firm?<br/><br/>• PART 3: Mistakes made when planning an investment strategy<br/>o MISTAKE 35 Do you understand the arithmetic of active management<br/>o MISTAKE 36 Do you understand the bear markets are a necessary evil<br/>o MISTAKE 37 Do you treat the highly likely as certain and highly unlikely as impossible<br/>o MISTAKE 38 Do you take risks not worth taking?<br/>o MISTAKE 39 Do you confuse before the fact strategy with after the fact outcome?<br/>o MISTAKE 40 Do you believe stocks are risky only if your horizon is short?<br/>o MISTAKE 41 Do you try to succeed even when success is highly unlikely?<br/>o MISTAKE 42 Do you understand the importance of saving early in life?<br/>o MISTAKE 43 Do you fail to evaluate the real cost of expenditure?<br/>o MISTAKE 44 Do you believe diversification is the right strategy only if the investment horizon is long?<br/>o MISTAKE 45 Do you believe that this time its different?<br/>o MISTAKE 46 Do you fail to tax manage your portfolio throughout the year?<br/>o MISTAKE 47 Do you let taxes dominate your decisions?<br/>o MISTAKE 48 Do you confuse speculating with investing?<br/>o MISTAKE 49 Do you try to time the market?<br/>o MISTAKE 50 Do you rely on market Gurus?<br/>o MISTAKE 51 Do you use leverage to try to enhance investment returns?<br/>o MISTAKE 52 Do you understand that there is only one way to be a buy and hold investor?<br/>o MISTAKE 53 Do you work with commission-based advisors?<br/>o MISTAKE 54 Do you spend too much time managing your portfolio<br/>o MISTAKE 55 Do you prepare your heirs<br/>o MISTAKE 56 Did you begin your investment journey without a road map?<br/>o MISTAKE 57 Do you understand the nature of risk?<br/><br/>• PART 4: Mistakes made when developing a portfolio<br/>o MISTAKE 58 Do you consider investments in isolation?<br/>o MISTAKE 59 Do you have too many eggs in one basket?<br/>o MISTAKE 60 Do you underestimate the number of stocks needed to build a diversified portfolio?<br/>o MISTAKE 61 Do you believe diversification is determined by the number of securities held?<br/>o MISTAKE 62 Do you believe focused funds outperform?<br/>o MISTAKE 63 Do you understand that in times of crisis the correlations of all risky assets rise?<br/>o MISTAKE 64 Do you fail to consider your labour capital when constructing your portfolio?<br/>o MISTAKE 65 Do you believe the investment world is flat?<br/>o MISTAKE 66 Do you confuse indexing with the exclusive use of an S&P fund?<br/>o MISTAKE 67 Do you consider your home as your exposure to real estate?<br/>o MISTAKE 68 Do you fail to see the risk in high- yield investments?<br/>o MISTAKE 69 Do you purchase products meant to be sold, not bought?<br/>o MISTAKE 70 Do you chase the IPO dream?<br/>o MISTAKE 71 Do you understand that you can be too conservative?<br/>o MISTAKE 72 Is your withdrawal assumption rate in retirement too aggressive?<br/>o MISTAKE 73 Do you hold assets in the wrong location?<br/>o MISTAKE 74 Do you believe that all passively managed funds are created equal?<br/>o MISTAKE 75 Do you trust but fail to verify?<br/>o MISTAKE 76 Do you have a plan B?<br/>o MISTAKE 77 Do you keep repeating the same mistakes?<br/> |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | A guide to avoiding investment mistakes reveals the most common errors investors make and provides a framework for rethinking investment and money management strategies |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Investments. |
| 9 (RLIN) | 715 |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Investments |
| General subdivision | Psychological aspects. |
| 9 (RLIN) | 716 |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Investment analysis. |
| 9 (RLIN) | 717 |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Balaban, R. C. |
| 9 (RLIN) | 718 |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
| a | 7 |
| b | cbc |
| c | orignew |
| d | 1 |
| e | ecip |
| f | 20 |
| g | y-gencatlg |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Book |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from | Koha item type | Cost, replacement price |
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| Dewey Decimal Classification | Archbishop Kiwanuka Memorial Library | Archbishop Kiwanuka Memorial Library | 05/04/2017 | 332.6 SWE | 47152 | 05/04/2017 | 05/04/2017 | Book | ||||||
| Dewey Decimal Classification | Archbishop Kiwanuka Memorial Library | Archbishop Kiwanuka Memorial Library | 05/04/2017 | 332.6 SWE | 47153 | 05/04/2017 | 05/04/2017 | Book | ||||||
| Dewey Decimal Classification | Archbishop Kiwanuka Memorial Library | Archbishop Kiwanuka Memorial Library | 05/04/2017 | 332.6 SWE | 47154 | 05/04/2017 | 05/04/2017 | Book | ||||||
| Dewey Decimal Classification | Archbishop Kiwanuka Memorial Library | Archbishop Kiwanuka Memorial Library | 05/04/2017 | 332.6 SWE | 47155 | 05/04/2017 | 05/04/2017 | Book | ||||||
| Dewey Decimal Classification | Archbishop Kiwanuka Memorial Library | Archbishop Kiwanuka Memorial Library | 18/04/2017 | 332.6 SWE | 47373 | 18/04/2017 | 18/04/2017 | Book | ||||||
| Dewey Decimal Classification | UMU Masaka Campus | Archbishop Kiwanuka Memorial Library | 06/02/2020 | 332.6 SWE | 51450 | 11/10/2022 | 03/02/2020 | Book | 80000.00 | |||||
| Dewey Decimal Classification | UMU Masaka Campus | UMU Masaka Campus | 14/09/2017 | 332.6 SWE | 48380 | 14/09/2017 | 14/09/2017 | Book | ||||||
| Dewey Decimal Classification | UMU Masaka Campus | UMU Masaka Campus | 14/09/2017 | 332.6 SWE | 48381 | 14/09/2017 | 14/09/2017 | Book | ||||||
| Dewey Decimal Classification | UMU Masaka Campus | UMU Masaka Campus | 06/02/2020 | 332.6 SWE | 51447 | 06/02/2020 | 03/02/2020 | Book | 80000.00 | |||||
| Dewey Decimal Classification | UMU Masaka Campus | UMU Masaka Campus | 06/02/2020 | 332.6 SWE | 51448 | 06/02/2020 | 03/02/2020 | Book | 80000.00 | |||||
| Dewey Decimal Classification | UMU Masaka Campus | UMU Masaka Campus | 06/02/2020 | 332.6 SWE | 51449 | 06/02/2020 | 03/02/2020 | Book | 80000.00 | |||||
| Dewey Decimal Classification | UMU Mbale Campus | UMU Mbale Campus | 17/01/2018 | 332.6 SWE | 48764 | 17/01/2018 | 17/01/2018 | Book | ||||||
| Dewey Decimal Classification | UMU Mbale Campus | UMU Mbale Campus | 17/01/2018 | 332.6 SWE | 48765 | 17/01/2018 | 17/01/2018 | Book | ||||||
| Dewey Decimal Classification | UMU Mbale Campus | UMU Mbale Campus | 21/02/2018 | 332.6 SWE | 48893 | 21/02/2018 | 21/02/2018 | Book | ||||||
| Dewey Decimal Classification | UMU Rubaga Campus | UMU Rubaga Campus | 04/01/2017 | 332.6 SWE | 16817 | 01/07/2023 | 04/01/2017 | Book | ||||||
| Dewey Decimal Classification | UMU Rubaga Campus | UMU Rubaga Campus | 04/01/2017 | 332.6 SWE | 16820 | 04/01/2017 | 04/01/2017 | Book | ||||||
| Dewey Decimal Classification | UMU Rubaga Campus | UMU Rubaga Campus | 04/01/2017 | 332.6 SWE | 16823 | 04/01/2017 | 04/01/2017 | Book | ||||||
| Dewey Decimal Classification | UMU Rubaga Campus | UMU Rubaga Campus | 04/01/2017 | 332.6 SWE | 5722 | 01/07/2023 | 04/01/2017 | Book | ||||||
| Dewey Decimal Classification | UMU Rubaga Campus | UMU Rubaga Campus | 04/01/2017 | 332.6 SWE | 16835 | 04/01/2017 | 04/01/2017 | Book | ||||||
| Dewey Decimal Classification | UMU Rubaga Campus | UMU Rubaga Campus | 04/01/2017 | 332.6 SWE | 32609 | 04/01/2017 | 04/01/2017 | Book | ||||||
| Dewey Decimal Classification | UMU Rubaga Campus | UMU Rubaga Campus | 04/01/2017 | 332.6 SWE | 16681 | 01/07/2023 | 04/01/2017 | Book | ||||||
| Dewey Decimal Classification | UMU Rubaga Campus | UMU Rubaga Campus | 04/01/2017 | 332.6 SWE | 46421 | 08/02/2017 | 04/01/2017 | Book | ||||||
| Dewey Decimal Classification | UMU Rubaga Campus | UMU Rubaga Campus | 04/01/2017 | 332.6 SWE | 46422 | 04/01/2017 | 04/01/2017 | Book | ||||||
| Dewey Decimal Classification | UMU Rubaga Campus | UMU Rubaga Campus | 04/01/2017 | 332.6 SWE | 46423 | 04/01/2017 | 04/01/2017 | Book |