Asset prices change due to the human factor. Market crashes happen because of people’s actions. Panic in the markets is caused by people. Investment success is more connected to human behavior than to deep knowledge of financial processes. Yet many people forget that and continue studying fundamental analysis, diversifying their portfolio, or mastering new directions—but still end up stuck in place. After all, the central element of the financial system is the person and their psychology.
— How to avoid being fooled by sellers and cunning schemers?
— How to reduce anxiety related to finances?
— How to stay calm during market panic?
Anar Babaev, as an investor, entrepreneur, and marketer, got rid of his investment fears and has overcome financial crises more than once. In his book, he shares his own experience and offers practical advice to help you better understand the psychology of money.