Archives: Book Reviews


Managing the Mist: How to Develop Winning Mind-Sets and Create High Performing Teams

Are you a leader or coach who wants to create a high-performance team? Have you ever wondered why you lose your temper or feel paralysed by the fear of failure? In a world that is full of rapid change the mist often surrounds us reducing our clarity and decision making Andrew Sillitoe successfully provides insights that are scientifically backed up to counter this. With inspiring leadership stories, original frameworks and an innovative road map to success, he clearly defines the critical pathway for enhancing leadership, creating high performance teams and developing winning mind-sets. About the Author Andrew is the owner […]


Genre: Psychology

Traders: Risks, Decisions, and Management in Financial Markets

  This is a book about traders in financial markets: what they do, the kind of people they are, how they perceive the world they inhabit, how they make decisions and take risks. This is also a book about how traders are managed – the best and the worst examples – and about the institutions they inhabit: firms, markets, cultures, and theories of how the world works. How these institutions function, how traders are managed, and how traders view the world, all have profound effects on the wider financial environment. This book explores these relationships and their implications theoretically and […]


Genre: Financial Risk

The Missing Link in Cognition: Origins of self-reflective consciousness

  How do we develop self-awareness, or a sense of self? One of the most popular theories is that language plays a major role: language and the narrative form allow us to develop a sense of self because this sense is dependent upon representational thought and the psychological manipulation of representations. Some scholars argue against this theory, claiming that more than language and representational thought is needed. Comparing human and animal cognition is a particularly powerful way of examining this disagreement; if animals possess self-awareness without having the representational linguistic capabilities of humans, then the comparison will provide significant evidence […]


Genre: Psychology

Financial Risk Taking: An Introduction to the Psychology of Trading and Behavioural Finance

  In Financial Risk Taking, trader and psychologist Mike Elvin explores the complex relationship between human behaviour patterns and the markets, offering the reader a context in which to assess their own strengths and weaknesses as investors. The book offers an apposite and uncomplicated system of skills development in the form of competences and competencies that can be applied anywhere along the continuum from casual investor to full–time day trader. Elvin presents a Comprehensive Model of Trading Competence (the MOT) as well as the concepts of analysis and refutation, the paramouncy principle, and self–sabotaging behaviours such as the Santa Claus […]


Genre: Financial Risk

The Mental Edge in Trading : Adapt Your Personality Traits and Control Your Emotions to Make Smarter Investments

  The Mental Edge in Trading explains the critical link between successful trading and personality traits–and it gives you the tools to use this information to make smarter trades. Dr. Williams tested proven winning traders who were managing billions of dollars to see what the great winning traders had in common, what personality traits made them so successful. The results are in this groundbreaking book that will help you become like these winning traders. His conclusions are based on hard science, the latest brain research, and the careful study of successful traders, not on psychobabble meanderings. Dr. Williams provides: A […]


Genre: Financial Risk

Understanding and Managing Risk Attitude

  Despite many years of development, risk management remains problematic for the majority of organisations. One common challenge is the human dimension, in other words, the way people perceive risk and risk management. Risk management processes and techniques are operated by people, each of whom is a complex individual, influenced by many different factors. And the problem is compounded by the fact that most risk management involves people working in groups. This introduces further layers of complexity through relationships and group dynamics. David Hillson’s and Ruth Murray-Webster’s “Understanding and Managing Risk Attitude” will help you understand the human aspects of […]


Genre: Risk Psychology

The Disciplined Trader: Developing Winning Attitudes

  With rare insight based on his first-hand commodity trading experience, Mark Douglas demonstrates why the beliefs learned to function effectively in society are often formidable psychological barriers in trading. “The Disciplined Trader” helps you join the elite few who have learned how to control their trading behaviour by developing a systematic, step-by-step approach for winning — week after week, month after month. In a comprehensive and logical manner, Mark Douglas shows you how to examine and limit your trading behaviour — how to develop the mental discipline possessed by the small minority of winners who make money consistently.Mark Douglas […]


Genre: Financial Risk, Risk Psychology

Leadership Risk: A Guide for Private Equity and Strategic Investors

  This book is a practical guide for private equity investors. It sets out a framework for understanding, assessing and managing the risks associated with senior management during the due diligence process of an acquisition. This provides an essential input into the wider due diligence review and a sound basis for managing the investment after the deal has been done so as to maximise the chances of a successful exit. The book comes at a time of significant growth in the field of private equity. In the UK over 3 million people (around 18% of all private sector employees) now […]


Genre: Financial Risk

Risk

    Risk compensation postulates that everyone has a “risk thermostat” and that safety measures that do not affect the setting of the thermostat will be circumvented by behaviour that re-establishes the level of risk with which people were originally comfortable. It explains why, for example, motorists drive faster after a bend in the road is straightened. Cultural theory explains risk-taking behaviour by the operation of cultural filters. It postulates that behaviour is governed by the probable costs and benefits of alternative courses of action which are perceived through filters formed from all the previous incidents and associations in the […]


Genre: Risk Psychology

How Risky Is It, Really?: Why Our Fears Don’t Always Match the Facts

    Do you worry more about radiation from nuclear power or from the sun? Are you more afraid of getting cancer than heart disease? Are you safer talking on your cell phone or using a hands-free device when you drive? Do you think global warming is a serious threat to your health? GET THE FACTS BEHIND YOUR FEARS—AND DISCOVER . . .HOW RISKY IS IT, REALLY? International risk expert David Ropeik takes an in-depth look at our perceptions of risk and explains the hidden factors that make us unnecessarily afraid of relatively small threats and not afraid enough of […]