The Edge of Chaos: Financial Booms, Bubbles, Crashes and Chaos
| Author | : | |
| Rating | : | 4.39 (998 Votes) |
| Asin | : | 0471969079 |
| Format Type | : | paperback |
| Number of Pages | : | 412 Pages |
| Publish Date | : | 2015-01-13 |
| Language | : | English |
DESCRIPTION:
Summary of the book Huang Wenyi IntroductionThe objectives of the book are: To study in detail the stock market crashes, to discover what went wrong and to learn from these past traumatic episodes; and To identify and explain the underlying structure of the financial market behavior.Chaos is Discovered Newtonian vs. Chaos For the last 300 years, our thoughts have been profoundly influenced by the Newtonian theory, which, as we know, rests on assumption of a linear system. This theory is best applied to system with two objects interacting with each other. When used to elucidate the system with three objects or more, Newtonian theory co. One of the best books on bubbles and how to recognize them. I think Bernice Cohen did a masterful job of researching every important bubble in history. More importantly she then gives you the eight phases of bubbles and what to look for to help determine what phase the current market is in. I have given this book to many of my friends to help them understand the various phases and how to identify them. I wish it was available on Kindle.. "Great book!" according to monkey d. luffy. This is a good book showing the signs in how to spot a bubble and avoiding market crashes. i highly recommend this book to serious investors and traders alike.
Beginning with the 1720s Mississippi and South Sea Companies to the great global crashes of 1929 and 1987, Bernice Cohen provides us with a strategy for tracking market trends and cycles, and protecting our investments against the next financial crash. From the Publisher Spanning two centuries and across three continents (Europe, America and Asia), the author provides a fascinating history on some famous and not so famous financial events.
Beginning with the 1720s Mississippi and South Sea Companies to the great global crashes of 1929 and 1987, Bernice Cohen provides us with a strategy for tracking market trends and cycles, and protecting our investments against the next financial crash.. Spanning two centuries and across three continents (Europe, America and Asia), the author provides a fascinating history on some famous and not so famous financial events