Overview: three interesting books for trader

there is
books that are difficult to classify.
They can not be attributed to textbooks on trading
or investment, according to the fundamental
analysis or technical, the wave
function or Japanese candles - they
combine the many facets and aspects
in the financial and stock markets.
They talk about real stories
and simultaneously dismantle a hypothetical
tasks, acquaint us with the classics
financial science, and offer absolutely
new theories. And there are books,
who taught us the original
lessons and learn to see the world (including
and world money) very, very under another
angle. There is also a very interesting
and well-written works about
investment, and there are books in general
not about investing, but useful
for every trader or investor. ABOUT
such interesting books and I tell
today: they are difficult to classify and
combine in a thematic group, but with
they are definitely worth getting to know
closer.

Michael
Mauboussin, "More than you know. Unusual
look at the world of finance. "

it
a very interesting book that
It focused not on what to give you
clear action algorithm, and the fact that
leave you hungry for independent
reflections. Mauboussin teaches us to think,
think and think again. Collection of 58
short essays, completely unrelated
common storyline or a common theme, awakens
perhaps the most important quality of the investor -
the ability to reflect and to take
solution in very ambiguous terms
(And the market, as we remember, unambiguous
situations almost never happens).
Ambiguous actions, decisions, conditions,
situation - and swaying all around
It floats, and it is masterfully portrayed
in the book. the style is very interesting,
but definitely it is not a
"Simple and affordable". he starts
thinking tells us that
investment and the stock market - the system
complex, adaptive and very changeable.
I wonder what brings us Mauboussin
not only to the economy and financial
business, but also to a completely unexpected as
it would seem sciences: biology,
neurology, physics, politics. Of course,
Sociology with psychology here too,
anywhere from them not to invest
anywhere. The joint scientific disciplines,
consideration of financial matters with
quite unexpected points of view -
it's all very, very, very interesting,
and I recommend to read this desperately
book.

Daniel
Kahneman: "Think slowly resolved quickly"

Kahneman - Nobel Prize winner in 2002.
Language, who wrote the book, it is very
intuitive and imaginative, its nice to read.
The peculiarity lies in the fact that for
practical application tips here
almost not: it is not at all about the book
Trading and investing is not about. but
here you can find answers to
serious questions: why it works
Fundamental analysis, on what principle
it is based and why trading is not
long it may be based on intuition.

You
ask and book something about that? She - about
classification of two types of human
thinking about the way in which people
interact with the world and with the information
in this world. It tells that
including about the pitfalls that we
yourself (but unconsciously) itself
are driving with your own thinking
or manipulated by other people.
And, you can understand for themselves how these
traps fall into the other - and, therefore,
how to drive in these other traps.
In short, an interesting book, you
are sure to enjoy.

Robert
Schiller. "Irrational optimism. how
reckless behavior controls
markets".

This book tells about the theory (and
practice) of occurrence and the contraction of bubbles
the stock markets, the irrationality
our (and others') behavior during
making important investment decisions.
Here - grand boom analysis
the stock market, which develops
Here and now. Schiller
and expounds his own,
reasoned and detailed look
the consequences of the 2008 crisis - 09 years,
It describes step by step how it developed.
It gives professional advice in
develop a strategy on how to protect
themselves against future crises and abstract
the theory of how to deal with them
at the global level. Very interesting
described problems of overinvestment
against the backdrop of an idiotic and self-confidence
following the movements of enthusiastic
zombie crowd. is serious
emphasis on the fact that instability
speculative markets capable of radically
influence the state of the world
economy as a whole.

Book
written very vivid and clear language,
read fun and in the same breath.