Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating.
An entertaining read and well worth the money. Learn the lessons...protect your capital from your own unsuspecting self.
Categories:
Language:
English
Length:
190 pages
Author:
Jim Paul and Brendan Moynihan