Download or read book Market Insanity written by Michael Taillard and published by Academic Press. This book was released on 2018-03-06 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Market Insanity: A Brief Guide to Diagnosing the Madness in the Stock Market is an engaging and accessible primer which applies modern behavioral finance to equity markets. It helps readers understand how logical investment decisions can be betrayed by what Taillard calls "the insanity," all those behavioral quirks which cause us to achieve less than optimal utility. The book describes how limited information, habit, the rules of the game, asymmetric information and ego blend together in potentially toxic ways in market environments, thus creating bubbles, stock runs, and more prosaically, even ‘normal’ equity prices. In addition, the book discusses the implications of these behaviors in-depth. In so doing, it helps the reader to not only predict the madness within equity markets, but also helps them develop solutions that address and mitigate outcomes. Provides detailed and accurate descriptions of the most relevant behavioral anomalies for finance Entertainingly written by a veteran consultant with 15+ years experience helping companies explain anomalous finance behavior in non-economic language Shows how educated finance professionals can use behavioral insights to help build finance solutions Addresses the implications for equity markets in deviations from rationality paradigms Draws on a vast range of literature in explaining anomalous behavior, including economic psychology, economic psychology, evolutionary psychology, anthropology and animal behavior
Download or read book Markets Mobs Mayhem written by Robert Menschel and published by John Wiley & Sons. This book was released on 2002-10-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this fascinating tour through cultural, global, economic, and business history, icon of the financial world Robert Menschel explores the phenomenon of crowd psychology and its effects on business and culture. Explaining how crowd psychology creates market bubbles and irrational exuberance, Menschel mines world history—from the rise of the Nazis in Germany, to the fanatical love of brands, to the Dutch tulip craze of the seventeenth century, to America’s 1990s Internet bubble—to reveal how the behavior of crowds negatively affects the business world. Championing the causes of individuality and common sense, Markets, Mobs & Mayhem offers real wisdom for investors who want to keep their wits when everyone else is losing theirs.
Download or read book Market Madness The Case of Mad Money written by Joseph Engelberg and published by . This book was released on 2010 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: We use the popular television show Mad Money hosted by Jim Cramer to test theories of attention and limits to arbitrage. Stock recommendations on Mad Money constitute attention shocks to a large audience of individual traders. We find that stock recommendations lead to large overnight returns which subsequently reverse over the next few months. The spike-reversal pattern is strongest among small, illiquid stocks that are hard-to-arbitrage. Using daily Nielsen ratings as a direct measure of attention, we find the overnight return is strongest when high income viewership is high. We also find weak price effects among sell recommendations. Taken together, the evidence supports the retail attention hypothesis of Barber and Odean (2008) and illustrates the potential role of media in generating mispricing.
Download or read book Panic written by Michael Lewis and published by National Geographic Books. This book was released on 2009-10-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New York Times bestseller: A masterful account of today’s money culture, showing how the underpricing of risk leads to catastrophe. When it comes to markets, the first deadly sin is greed. In this New York Times bestseller, Michael Lewis is our jungle guide through five of the most violent and costly upheavals in recent financial history. With his trademark humor and brilliant anecdotes, Lewis paints the mood and market factors leading up to each event, weaves contemporary accounts to show what people thought was happening at the time, and, with the luxury of hindsight, analyzes what actually happened and what we should have learned from experience.
Download or read book Market Madness and Mental Illness written by Susan M. Rosenthal and published by . This book was released on 1998 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Insanity written by Roger Terry and published by Berrett-Koehler Publishers. This book was released on 1995-09 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This provocative proposal exposes the misconceptions that drive our economic system and offers systematic and revolutionary solutions. Economic Insanity questions the most basic assumptions behind our economic system and argues that its entire structure must be challenged. Terry challenges readers to stop looking for answers within the system and look instead to changing the system.
Download or read book Insanity written by Charles Patrick Ewing and published by Oxford University Press. This book was released on 2008-04-07 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: The insanity defense is one of the oldest fixtures of the Anglo-American legal tradition. Though it is available to people charged with virtually any crime, and is often employed without controversy, homicide defendants who raise the insanity defense are often viewed by the public and even the legal system as trying to get away with murder. Often it seems that legal result of an insanity defense is unpredictable, and is determined not by the defendants mental state, but by their lawyers and psychologists influence. From the thousands of murder cases in which defendants have claimed insanity, Doctor Ewing has chosen ten of the most influential and widely varied. Some were successful in their insanity plea, while others were rejected. Some of the defendants remain household names years after the fact, like Jack Ruby, while others were never nationally publicized. Regardless of the circumstances, each case considered here was extremely controversial, hotly contested, and relied heavily on lengthy testimony by expert psychologists and psychiatrists. Several of them played a major role in shaping the criminal justice system as we know it today. In this book, Ewing skillfully conveys the psychological and legal drama of each case, while providing important and fresh professional insights. For the legal or psychological professional, as well as the interested reader, Insanity will take you into the minds of some of the most incomprehensible murderers of our age.
Download or read book Stop the Insanity written by Susan Powter and published by Gallery Books. This book was released on 2010-06-01 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: You’ve seen Susan Powter on her phenomenally successful “Stop the Insanity” infomercial, on the Home show, and on The Susan Powter Show, bringing her message of health, hope and wellness to millions. Now in this runaway bestseller she gives women everywhere the step-by-step motivation to take control of their lives. What is insanity? ·A multimillion-dollar diet industry that fails to help women lose weight permanently ·A fitness industry that excludes the unfit ·Women hating the way they look and feel After her divorce, Susan Poweter fell into a “fat come” that left her fat, unfit, and depressed. At more than 240 pounds, she courageously turned to the “experts”—the diet and fitness industries—for help. But she found, as millions of other have, that starvation and deprivation don’t work, and that the diet and fitness industries work against women, setting them up for failure, ruining their health, taking their money, and giving them temporary, short-term answers. Then on her own Susan Powter discovered how to eat, breath, and move, to lose weight permanently and regain her health, strength, and sanity.
Download or read book The Market World and Chronicle written by and published by . This book was released on 1912 with total page 856 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Insanity Defense written by Jane Harman and published by St. Martin's Press. This book was released on 2021-05-18 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insider's account of America's ineffectual approach to some of the hardest defense and intelligence issues in the three decades since the Cold War ended. Insanity can be defined as doing the same thing over and over again but expecting a different result. As a nation, America has cycled through the same defense and intelligence issues since the end of the Cold War. In Insanity Defense, Congresswoman Jane Harman chronicles how four administrations have failed to confront some of the toughest national security policy issues and suggests achievable fixes that can move us toward a safer future. The reasons for these inadequacies are varied and complex, in some cases going back generations. American leaders didn’t realize soon enough that the institutions and habits formed during the Cold War were no longer effective in an increasingly multi-power world transformed by digital technology and riven by ethno-sectarian conflict. Nations freed from the fear of the Soviets no longer deferred to America as before. Yet the United States settled into a comfortable, at times arrogant, position as the lone superpower. At the same time our governing institutions, which had stayed resilient, however imperfectly, through multiple crises, began their own unraveling. Congresswoman Harman was there—as witness, legislator, exhorter, enabler, dissident and, eventually, outside advisor and commentator. Insanity Defense is an insider’s account of decades of American national security—of its failures and omissions—and a roadmap to making significant progress on solving these perennially difficult issues.
Download or read book Rule the Freakin Markets written by Michael Parness and published by St. Martin's Press. This book was released on 2007-04-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1998, Michael Parness was a struggling playwright and screenwriter who was leaving the stability of his successful sports memorabilia business to write full-time. Following the advice of a stockbroker, he invested his nest egg of $150,000. But the October 1998 crash gutted his portfolio by 80% and his stocks failed to recover. With virtually no income and no financial cushion, he found himself in a tiny low-rent apartment with time to think about what had happened, and, eventually, enact financial revenge. In January 1999, he opened an online brokerage account and set out to get his money back. And in fifteen months, Michael Parness turned $33,000 into seven million dollars, started the online trading website "Trend Fund" where thousands of traders Rule the Freakin' Markets with him, and had his life story optioned by a major Hollywood producer! In Rule the Freakin' Markets, Michael Parness uses visual aids combined with practice exercises to show online traders and investors how to: * Practice responsible trading techniques that maximize reward and limit risk * Avoid the "7 deadly sins plus fear" that block success in the market * Protect investments no matter what the market does * Understand how market psychology drives daily and cyclical market moves * Avoid the pitfalls of trading in cyberspace * Recover and learn from significant losses * Strategize and anticipate, rather than overreact or freeze when change occurs * And finally, live full and satisfying lives as traders With its lively tone and refreshing approach to trading and investing, Rule the Freakin' Markets is an essential guide for online traders and investors alike.
Download or read book Market World and Chronicle written by and published by . This book was released on 1912 with total page 860 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Meltdown written by Thomas E. Woods and published by Simon and Schuster. This book was released on 2009-02-09 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: With a foreword from Ron Paul, Meltdown is the free-market answer to the Fed-created economic crisis. As the new Obama administration inevitably calls for more regulations, Woods argues that the only way to rebuild our economy is by returning to the fundamentals of capitalism and letting the free market work.
Download or read book Psychology of the Stock Market written by George Charles Selden and published by . This book was released on 1912 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book is based upon the belief that the movements of prices on the exchanges are dependent to a very large degree on the mental attitude of the investing and trading public ... [and] is intended chiefly as a practical help to that considerable part of the community which is interested, directly or indirectly, in the markets.--p. [3]
Download or read book Extraordinary Popular Delusions and the Madness of Crowds and Confusi n de Confusiones written by Martin S. Fridson and published by John Wiley & Sons. This book was released on 1995-12-29 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The market never ceases to befuddle and beguile. These twovenerable works are fixtures on the short lists for most valuablebooks on the securities markets, and investors continue to cherishthem." -From the Introduction by Martin S. Fridson ManagingDirector, Merrill Lynch & Co. Author of InvestmentIllusions Exploring the sometimes hilarious, sometimes devastating impact ofcrowd behavior and trading trickery on the financial markets, thisbook brilliantly combines two all-time investment classics.Extraordinary Popular Delusions and Confusión de Confusionestake us from Tulipmania in 1634-when tulips actually traded at ahigher price than gold-to the South Sea "bubble" of 1720, andbeyond. Securities analyst and author Martin Fridson guides you ona quirky, entertaining, and intriguing journey back throughtime. Chosen by the Financial Times as Two of the Ten Best Books EverWritten on Investment Critical Praise . . . "This is the most important book ever written about crowdpsychology and, by extension, about financial markets. A seriousstudent of the markets and even anyone interested in the extremesof human behavior should read this book!" -Ron Insana, CNBC "In combining 'Extraordinary' with 'Confusion,' the result is notextraordinary confusion. Instead, with clarity, the book sears intomodern investor minds the dangers of following the crowd." -GregHeberlein, The Seattle Times "You will see between its staid lines (written in ye olde Englishand as ponderable as Buddha's navel) that, despite what the mediasays, nothing really important has changed in the financial marketsin centuries." -Kenneth L. Fisher, Forbes
Download or read book Panic written by Michael Lewis and published by Gardners Books. This book was released on 2008 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Everything, in retrospect, is obvious. But if everything were obvious, authors of histories of financial folly would be rich . . . ' From Black Monday to the Asian financial crisis, from the internet bubble to mortgage meltdown, our lives are rules by crazy cycles of euphoria and hysteria that manage to grip the world but are all-too-soon forgotten. In this unique collection of articles, Michael Lewis - ex-trader and bestselling chronicler of avarice and frenzy in the markets - casts a sceptical eye back over the most panicked-about panics of recent decades. He tells a story of boom and busts, deranged greed, outsized egos and over-inflated salaries, where the only thing that can ever be predicted is out constant inability to predict anything. Using contemporary account form commentators such as Joseph Stiglitz, Jeffrey Sachs and Paul Krugman, plus many of his own best writings, Lewis conveys the mood before each catastrophe, what it was like in the heat of the moment, how, afterwards, we tires to explain away the chaos - and then failed to learn from it before the whole process started all over again. Panic! Gives us a completely new insight into how markets really operate - and who really knows what they're talking about.
Download or read book Tom Green written by Shannon Hawkins and published by . This book was released on 2000 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Tom Green" tells the story of the "Master of Mayhem's" life from his early beginnings as the host of a late-night radio show to his current incarnation as MTV's renegade prankster. As Hawkins reveals, nothing or no one is above being sucked into the underbelly of Green's hilarious world. 36 photos, 20 in color.
