The Psychology of Money - An Investment Manager\'s Guide to Beating the Market

(Grace) #1
Self-Diagnosis 33

attitude toward money itself. Judgers tend to be conservative and
like saving; perceivers are more risk-loving and like spending.
If you are still having trouble determining whether you have a
preference for judging or perceiving, consider the state of your office
or home. Figures 4.1 and 4.2 are photos of professional money
managers, whose offices are next to each other. One manages for-
eign stock funds, the other convertible preferred stocks. Which most
closely resembles your living space? Is there any question about
their preferences!?

Self-Testing


Based on the preceding discussion, do you have a sense now of
your own four preferences? Try to determine your four preferences.

FIGURE 4.1 The “organized” office (J preference).

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