VALUE INVESTING AND BEHAVIORAL FINANCE

*Value Investing and Behavioral Finance* by Parag Parikh combines classic value investing principles with insights from behavioral finance. Parikh explains how psychological biases—like overconfidence, herd behavior, and fear—affect investor decisions, often leading to poor outcomes. By understanding these biases and focusing on long-term value rather than market trends, investors can make better, more rational decisions, ultimately improving their chances of achieving sustainable financial success.