This book is aimed at an emerging segment of investors who either have or will spent considerable time in choosing and selecting stocks for investment. It is the new cult of investors who are well informed and are conscious about their investment decisions. It also tries to answer few questions about how and why a market would be behaving in a particular fashion. The central issue in behavioral finance is explaining why market participants make systematic errors. Such errors affect prices and returns, creating market inefficiencies. It also investigates how other participants arbitrage such market inefficiencies. Value investing has proven to be a successful investment strategy. In terms of picking stocks, value investing suggests defensive investment in stocks trading below their tangible book value as a safeguard to adverse future developments often encountered in the stock market. Behavioral Finance and Value Investing are two sides of same coin. Both these aspect including multiple example are explained by author in this book of Behavioral Finance and Value Investing.
About the Author
Prof. Dr. Suyash Bhatt is a Professor at Prin. Welingkar Institute of Management Development and Research popularly known as WESchool. He is one of the first to have done PhD in Business Management on Mutual Fund Performance Analytics. He has rich experience of ten years in corporate as well as academia. Internationally he has been to University of Sussex, Brighton in United Kingdom, University of Kwazulu â Natal, Durban South Africa and Taylor University Malaysia in research and academic activities. He has conducted training sessions on Behavioral Finance for Reliance Capital Asset Management Company Ltd. He has conducted training programs Derivatives Modeling, Finance for Non-Finance Managers and on Technical Analysis for companies like DSP Merrill Lynch, SSKI and many others. He has addressed investors query at investor forum held at Mumbai, occasionally by CNBC TV18 for answering trading calls for viewers. He is awe-inspiring orator with good elucidation of topics like capital market, investments and behavioral finance.
