"Sneaky Markets and the Lizard Brain" by Terry Burnham

There are two types of stock market players: the first trades constantly and earns small but stable profits, while the second waits for the right opportunity and hits the jackpot with a single trade.

To utilize the latter type of trading, you need to know when and why the largest price movements occur. This book is dedicated to identifying the causes of panic, crashes, and price collapses.

The book "Mean Markets and the Lizard Brain" by Terry Burnham is intriguing even by its title, but what exactly is its content?

The author claims that this work can change your understanding of finance and economics. Terry offers advice to beginning investors on what to consider when choosing an investment.

Moreover, the advice and recommendations provided in the book are truly practical, as the author is not only a professor at Harvard Business School (where many billionaires graduated), but also has experience working on Wall Street.

Now about the content itself:

1. The New Science of Irrationality – the concept of rationality and irrationality of investment approaches, the extent to which our thinking is subject to stereotypes and how they interfere with making the right choices.

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 is the analysis of circumstances as a means of choosing the most attractive object for investment.

This section can also be called entertaining economics, as it presents an understanding of the basic economic laws in such a simple and accessible way.

3. How to apply science and art to investing – learning to assess the real value of what you are willing to invest in invest money in stocks, bonds and other options for investing money profitably.

4. How to Make Money with the Science of Irrationality – The final section of the book summarizes all the findings and provides recommendations on how to make money from investments based on the current market situation.

As for the book itself, I'll be honest, I had to print it out. After skimming the e-book, I became so captivated that I decided to read it thoroughly. "Sneaky Markets and the Lizard Brain" isn't just a useful book; it's also engaging, an easy, relaxed read.

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

You can download the book from one of the online stores