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The Behavioral Portfolio

Managing Portfolios and Investor Behavior in a Complex Economy

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The Behavioral Portfolio

By: Phillip Toews
Narrated by: Davis Brooks
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About this listen

Investment advisors face two challenges. First, the portfolios that we offer clients leave investors vulnerable to severe economic events and emotional stress. Second, the way that we educate investors about their portfolios isn’t effective at helping them curb biases.

The Behavioral Portfolio examines the risks of both stock and bond portfolios from historically comprehensive perspective to help illustrate that, based on market history, the current approach could lead to a break-down of clients’ portfolios and our practices. It then lays out an all-seasons approach for investing that both embraces optimism and addresses contingencies of significant risk events.

Once portfolios are built according to these new parameters, portfolio communications ar shifted to pro-actively prepare investors for challenges ahead. Instead of following the crowd and shifting out of assets at unfavorable time, investors are trained to both understand the markets and to think counter-intuitively. Behavioral portfolios and communications allows investors to enjoy a higher probability of success and greater peace of mind throughout their investing lives.

Analysis & Strategy Investing & Trading Stocks Investing
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This is a great book subject, shame Audible didnt include the author's PDF.
I think the missing PDF is essential to follow the book. The Author keeps refering to the PDF in the audiobook but we have no PDF to look at.

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