The Anxious Investor

Mastering the Mental Game of Investing

by Scott Nations

On Sale: 04/05/2022

The Anxious Investor

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The Anxious Investor

Mastering the Mental Game of Investing

by Scott Nations

On Sale: 04/05/2022

Format:

About the Book

A revelatory new guide to building wealth amidst stock market crashes and uncertain economic conditions, drawing upon financial modeling, behavioral psychology, and market history to offer practical advice to everyday investors.

Investing is scary. Never is that more true than during market pullbacks and recessions, whether the Great Recession of 2008; the brief, vertiginous COVID crash in 2020; or any number of recent smaller, yet still wrenching, periods of economic turbulence. We see those flashing red numbers and all semblance of “planning” or “risk tolerance” suddenly goes out the window. We wonder: Will I ever be able to retire? Should I be buying GameStop stock? What, uh, is this stock market thing, anyway?

Scott Nations has spent his career studying market volatility. His firm, NationsShares, is the world’s leading independent developer of volatility and option-enhanced indexes. In The Anxious Investor, he teaches readers how to understand the markets, master their own fear, and make the most of their money.

In the first half of the book, Nations offers a quick, compelling rundown of the worst financial crashes in American history, focusing on their causes, the recovery, and the lessons each holds for today’s investors. Interwoven with these stories are fascinating cutting-edge insights into investor psychology: What makes investing so scary? What can behavioral science teach us about overcoming our “lizard brain,” which is notorious for making poor financial decisions? What can help us stay the course when the waters get choppy? In the book’s second section, Nations offers a roadmap that any investor can follow, with practical, easy-to-understand advice to help guide readers through the 3 different types of market conditions (normal, crash/bear market, recovery).

Whether you’re just starting out on your journey to financial literacy or are looking for an investing book to take you to the next level, The Anxious Investor is an invaluable resource.

Educator and Librarian Resources

Critical Praise

"I often say that fear, greed, hope, and ignorance are the four horsemen of the investment apocalypse, and note, only one is not an emotion. Emotional decisions may be made in the heat of a market meltdown, but also when markets are seemingly going to the moon. In The Anxious Investor, Scott Nations offers a close look at why these emotions are so destructive to your investment goals and offers a checklist of these emotional biases to help the reader understand and avoid them. The next time the market gets crazy, having this book by your side may help you overcome those four horsemen and stick with your long-term objectives." - JIM O'SHAUGHNESSY, New York Times Bestselling Author of What Works on Wall Street

“Financial instruments and technology have evolved since the first market bubble in 1720, but across three-hundred years of manias and panics one aspect of markets remains unchanged: human nature. Through fascinating case studies, Scott Nations reveals why investors repeatedly succumb to the same behavioral shortcomings, and how to avoid them when times get tough. Nations’ entertaining and educational style makes this book accessible for all investors interested in the psychology of markets.” - JAMIE CATHERWOOD, "The Finance History Guy"

"It's been remarked that if you don't know who you are, the stock market is an expensive place to find out. With his new book, Scott Nations explains why mastering your own mental state is the most critical variable of all." - JOSHUA BROWN, CEO of Ritholtz Wealth Management and CNBC Contributor

Resources

Product Details

  • ISBN: 9780063067608
  • ISBN 10: 0063067609
  • Imprint: William Morrow
  • On Sale: 04/05/2022
  • Pages: 272
  • List Price:35.99 CAD
  • BISAC1 : SELF-HELP / Personal Growth / Success
  • BISAC2 : BUSINESS & ECONOMICS / Personal Finance / Retirement Planning
  • BISAC3 : BUSINESS & ECONOMICS / Personal Finance / Investing

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