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Financial Speculation: Trading Financial Biases and Behaviour
Paperback
Publisher Price: $39.99
ISBN13: 9781905641994
Publisher: Harriman House Ltd
Published: May 18 2009
Pages: 306
Weight: 1.13
Height: 0.88 Width: 6.18 Depth: 9.14
Language: English
When we deal in the financial markets are we investing, speculating or gambling?
Does it really matter what we call it? As this book shows, the world of finance is not an easily defined game. Simple labels, such as gambling and speculation, won't help us grasp the underlying forces that drive the markets. It's far more important to understand the behaviour and biases of the players - their actions and motivations are the vital components that drive everything; bubbles, crashes, huge fortunes, reckless borrowing and complex instruments and strategies, all flow from this simple fact.Also in
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