Mean Markets and Lizard Brain by Terry Burnham

There are two types of exchange players, the first trades constantly and earns small but stable profits, the second type waits for the right opportunity and wins the Jackpot with one transaction.

In order to use the second trading option, you need to know when and why the greatest changes in rates occur; this book is dedicated to finding the reasons that cause panic, crashes and collapses of rates.

The book "Mean Markets and the Lizard's Brain" written by Terry Burnham intrigues with its title alone - what is its actual content?

According to the author, this work can change your understanding of finance and economics; Terry gives advice to novice investors on what to pay attention to when choosing an investment object.

Moreover, the tips and recommendations given in the book really have practical value, because the author is not only a professor at Harvard Business School (from which many of the billionaires graduated), but also has experience working on Walt Street.

Now about the content itself:

1. The new science of irrationality - the concept of rationality and irrationality of investment approaches, how our thinking is subject to stereotypes and how they prevent us from making the right choice.

Self-assessment of your abilities and the basic principles of assessing the real value of securities and much, much more.

2. The ancient art of macroeconomics - analysis of circumstances as a means of choosing the most attractive object for investment.

This part can also be called entertaining economics, it gives an idea of ​​the basic economic laws so simply and easily.

3. How to apply science and art to investments - learning to assess the real value of what you are willing to invest invest money in stocks, bonds and other options for profitable investment.

4. How to make money thanks to the science of irrationality - in the last part of the book all the conclusions are collected and, based on them, recommendations are given on how to make money on investments depending on the current market situation.

If we talk about the book itself, I honestly admit that I had to print it out. Having started a quick acquaintance with the electronic version, I was so carried away that I decided to read it completely and thoroughly. "Mean Markets and the Lizard's Brain" is not just a useful book, it is also interesting and easy to read.

It can be recommended for reading not only to those involved in stock trading, but also to ordinary people who want to profitably invest their free money and receive passive income.

You can download the book in one of the online stores