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Getting Psyched for Wall Street: A Rational Approach to an Irrational Market
by Bernard I Murstein
Binding: Paperback, 1St Edition edition, 384 pages
Publisher: Cypress Publishing Group
Weight: 1.53 pound
Dimension: H: 0.75 x L: 9.12 x W: 0.59 inches
ISBN 10: 0894473298
ISBN 13: 9780894473296
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Book Description:
Why do markets so often seem to defy logic? Why do people hold on to their losers and dump winners? How does your risk tolerance affect investment success? Answers to these and other perplexing questions are found in Getting Psyched for Wall Street. This ground breaking book explains how investors' actions and emotions affect the market. It usses the principles of psychology and the power of behavioral finance to explain the seeming contradictions of Wall Street. Now it's possible to really understand what's going on and profit from it. Dr. Murstein cuts through the fog that obscures the workings of the stock market. He explains why and how the market functions, in terms that can be easily understood. The book includes numerous examples and illustrations to help readers see how the concepts can be used to profit consistently. This isn't just theory: Dr. Murstein is living proof that his concepts work.


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