ISBN is

9780847694907 / 0847694909

Success and Survival on Wall Street: Understanding the Mind of the Market

by

Publisher:Rowman & Littlefield Publishers

Edition:Hardcover

Language:English

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About the book:

This book takes the reader on an insiders tour of the psychology of stock market investing. In more than 3,000 hours of interviews and observations, Smith granted some of the most famous insiders on Wall Street the protection of anonymity to procure their deepest and most frank views on the operation of the market. Their words are heard here in vivid and often surprising detail. What emerges is a startling portrait of how the prejudices of six different types of playersfundamentalists, insiders, cyclists, traders, efficient market believers, and transformational idea adherentsinfluence the ups and downs of the market. Smith explains how new trends, such as computer trading and mutual and retirement fund investing, interact with these psychologiesdrawing a remarkable picture of how market behavior is inherently more human than technical.

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