{"product_id":"madness-of-markets-alex-edmans-9798217089543","title":"Madness of Markets: Why Smart Investors Make Crazy Decisions--And How to Exploit Them","description":"\u003cb\u003eA groundbreaking look at what drives even the smartest investors to make irrational choices and a practical roadmap for profiting when the market loses its mind--from one of the world's leading finance professors \u003c\/b\u003e\u003cp\u003e\u003c\/p\u003e\"A fascinating and indispensable guide to the hidden psychology that drives markets.\"--Annie Duke, decision strategist and author of \u003ci\u003eThinking in Bets\u003c\/i\u003e and \u003ci\u003eQuit\u003cbr\u003e\u003c\/i\u003e \u003cbr\u003eWhy did Isaac Newton lose a fortune in the South Sea Bubble? Why did people spend millions on cartoon apes during the NFT frenzy? Why does the stock market fall when a national soccer team loses, or rise on a sunny day? \u003cp\u003e\u003c\/p\u003eIn this lively, eye-opening, and highly practical book, Alex Edmans reveals the hidden psychological forces that push markets away from logic--and create opportunities for those who stay sane while others panic. Drawing on cutting-edge studies and his more than twenty years at the intersection of academia and Wall Street, Edmans explains why investors chronically \u003ci\u003eoverreact\u003c\/i\u003e, \u003ci\u003eunderreact\u003c\/i\u003e, and \u003ci\u003emisreact\u003c\/i\u003e--and how these mistakes lead to bubbles, crashes, hype cycles, portfolio wipeouts, and mass layoffs. \u003cp\u003e\u003c\/p\u003eBut \u003ci\u003eThe Madness of Markets\u003c\/i\u003e isn't just about spotting irrationality--it's about outsmarting it. Edmans shows you how to think sharper, invest smarter, dodge predictable traps, and recognize when the crowd has lost the plot. Playfully rigorous and packed with unforgettable stories--from Reddit frenzies to CEO ego trips to World Cup upsets--\u003ci\u003eThe Madness of Markets\u003c\/i\u003e offers an accessible yet thorough guide for anyone looking to make smarter decisions in a noisy financial world. \u003cp\u003e\u003c\/p\u003eThis book is for anyone with a pension, an IRA, or a long-term stake in the market--whether you're chasing crypto highs or simply protecting your retirement while the world spins out of control.","brand":"Crown Currency","offers":[{"title":"Default Title","offer_id":50374750044353,"sku":"9798217089543","price":32.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.porchlightbooks.com\/products\/madness-of-markets-alex-edmans-9798217089543","provider":"Porchlight Book Company","version":"1.0","type":"link"}