More than you know by michael mauboussin pdf, ebook read. Terry burnhams explanation for why we tend to do foolish things when we trade and invest, even when we presumably know better. It is in charge of fight, flight, feeding, fear, freezing up, and fornication. Mean markets and lizard brains terry burnham ebook.
Mean markets and lizard brains summary by terry burnham. Behavioral and market anomalies aka your lizard brain. How to profit from the new science of irrationality. Host david gardner talks about the biology of investing with terry burnham, author of mean markets and lizard brains. The 2002 nobel prize in economics was awarded to scholars of this new scientific approach to irrationality. Mean markets and lizard brains explains why manias, panics, and crashes happen, why people keep making the same mistakes, and how you can not only avoid losing but turn the tide and profit, even if the markets continue to decline. The human brain contains ancient structures that exert powerful and often unconscious influences on behavior. Conventional wisdom about investing suggests that people are basically rational, markets are basically efficient, and nobody can earn a reward without some risk.
How to profit from the new science of irrationality praise for mean markets and lizard brains you can win the battle with your own brain. How to profit from the new science of irrationality this broad and scholarly investigation provides an indepth look at why manias, panics, and crashes happen, and why people are built to want to buy at irrationally high prices and sell at irrationally low prices. How to profit from the new science of irrationality at. How to profit from the new science of irrationality terry burnham on. As i am posting from my letter m collection, there will be a few books on mql4 coding later this. How to profit from the new science of irrationality full online. Terry burnhams trend following trading systems from. The stock market is cyclical, and any investor who. Many people call it the lizard brain, because the limbic system is about all a lizard has for brain function. In mean markets and lizard brains, terry burnham, an economist who has a proven ability to translate complex topics into everyday language, reveals the biological causes of irrationality. Online library archive for easy reading any ebook for free anywhere right on the internet. Burnham is the author of two books, mean markets and lizard brains and mean genes.
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