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The Madness of Markets Why Smart Investors Make Crazy Decision-and How to Exploit Them | 2.94 MB
Title: The Madness of Markets Why Smart Investors Make Crazy Decision-and How to Exploit Them
Author: Alex Edmans
Category: Organizational Behavior, Investing, Investments & Securities
Language: English | ISBN: 9798217089550
Description:
A groundbreaking look at what drives even the smartest investors to make irrational choices and a practical roadmap for profiting when the market loses its mind-from one of the world's leading finance professors
"A fascinating and indispensable guide to the hidden psychology that drives markets."-Annie Duke, decision strategist and author of Thinking in Bets and Quit
Why did Isaac Newton lose a fortune in the South Sea Bubble? Why did people spend millions on cartoon apes during the NFT frenzy? Why does the stock market fall when a national soccer team loses, or rise on a sunny day?
In this lively, eye-opening, and highly practical book, Alex Edmans reveals the hidden psychological forces that push markets away from logic-and create opportunities for those who stay sane while others panic. Drawing on cutting-edge studies and his more than twenty years at the intersection of academia and Wall Street, Edmans...
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