7 Mistakes Every Investor Makes (And How To Avoid Them)

Professional Reviews

Ever wonder why your investments underperform the market averages? In this beautifully written book, investment manager Joachim Klement tells you why. He explains the most common behavioral and cognitive errors that investors make, so you can correct them and improve your performance. This book is a fun and easy read – I highly recommend it! Laurence B. Siegel, Director of Research, CFA Institute Research Foundation & author, Fewer, Richer, Greener

Most of our investment mistakes derive from the fact that humans have a hard time dealing with uncertainty and complex systems. Traders and economists are humans too, Joachim does not forget it. That is why his latest book is relevant and invaluable to read. He takes us through a journey grounded on personal investment experience to devises the most common mechanisms that lead to investment failure. Reading Joachim's book increases our awareness about the true mechanisms of finance. Investment results will follow. Paolo Sironi, Author and Finch expert

This is a valuable add to any investor’s bookshelf. There is more than enough wisdom contained within to justify its purchase price. Jason A. Voss, Author, Return of the Active Manager

It is a well written story, simple to read, very fluid and at the same time full of insights. I like the mix of personal experience and empirical findings in psychology, economics and finance et behavioural economics. It makes our mistakes a learning process. As someone once said, good decisions are based on experience and experience is based on bad decisions. Yves Longchamp, Head of Research, SEBA Bank AG

Joachim Klement is one of the smartest commentators on the markets today. This is one of the best books on finance I've ever read. It is packed full of insights. Every investor should read it. Brett Arends, MarketWatch