Psychonomics. How to Convert Knowledge of Human Relations into Money

Assets increase and decrease in value because of people. Stock markets crash because of people. Panic in the market occurs because of people. Success in investing depends not so much on understanding financial processes as on people's behavior. Yet for some reason, many do not think about this. They study fundamental analysis, diversify their portfolios, delve into new directions and… stay in place. Although the key link in the entire financial system is the person and their psychology. How to avoid falling for the tricks of sellers and crafty entrepreneurs? How to reduce anxiety in financial matters? How to act calmly in moments of panic in the markets? Anar Babaev—investor, entrepreneur, and marketer—has removed investment cockroaches from his mind and has repeatedly crawled out of financial depression. In the pages of this book, he shares his story and practical advice, which will become your guide in the psychology of money.