Customer Reviews

How Investors Can Make Money Using Mass Psychology: A Guide to Your Relationship With Money

5 star:		(3)
4 star:		(0)
3 star:		(2)
2 star:		(0)
1 star:		(2)

 

 

Mr. Dines, while probably an excellent investor, uses his pulpit to extoll political views, and trumpet the wisdom of his investment suggestions from 35 years ago, some of which have yet to be realized. The gap between Theoria and Praxis in this book is yawning, and Mr. Dines does not seem to get the rubber to hit the pavement. If you are looking for an abstruse discussion of the subject of mass psychology in markets, this is a great book, and very unique. If you are looking for a way of trying to understand how markets react, and individuals respond to markets and their money, and MAKE MONEY FROM THIS, read another book. I am still unclear as to how Mr. Dines employs his strategies on a practical level, and what his notions of risk/reward are, etc.

I found Mr. Dines book to be big on price and small on continuity and meaning. The text moves in and out of ideas so quickly that it is difficult to decipher any point to his many colorful stories. His personal philosophies don't really teach you much in the end. I would not recommend the book to anyone hoping to learn more about investing.

Must be read at least twice, for the effects of this book to take effect, maybe even thrice.

Outstanding way for one learn to get the upper hand, not only in investing, but in other areas of life as well. I've stopped panicking my way into foolish trades; let the other guys make the mistakes from now on.

Worth the $$$$$ I paid for it; $5.00, used, at Strand Books in Greenwich Village; Ha! However, the chart on page #2 alone is worth TEN TIMES the cover price! Compare your trading & emotions, & see if you don't recognize yourself at least five steps anong the way. For page #2 alone, I'd say BUY the book at ANY price.......

I also subscribed to Dines' Newletter, after seeing him at the NY Gold show; How about them broads?

I just recently purchased Dines' new book, "Secrets of High States" for $100.00. Big mistake! It's basically a coffee table book, with page after page of photographs, taken by Dines himself; nice, but that's not what I spent 100 beans for. He has about eighty different pictures of animals, nature, and about twenty different broads, and only ONE is naked, can you believe it? In between, are pearls of wisdom which remind me of the advice you get in fortune cookies. Ouch!

On the other hand, if you DO want a coffee table book, and if you do appreciate photography, and if you do want snippets of wisdom here and there, and if you are amused by pictures of trees, deserts, water, leaves, etc, and if you have $100.00 you can't seem to otherwise get rid of, then this book's for you; but let's see, one, two, three, four, five, that sure is a lot of "ifs", isn't it?

Joe Loser, Brooklyn, NY

Mr. Dines is a gifted investor with a proven track record. His recent ahead of the herd call was the rare earth metals. Now, about the book: I have a rather mixed feeling regarding this book. This book doesn't really discuss human mentality/mass psychology in the stock market, which was what I was expecting. It's also not a pure investment book. Some chapters are about the philosophical aspects of human emotions (fear, greed, love, etc.). Some chapters are about politics, others are about human nature, and only one chapter is really about investing.

PROS:

* Contains a few hidden gems regarding human mentality, especially in the context of a crowd.
* Provides some interesting insights regarding what Mr. Dines calls a "high state" and "low state" of human emotions and how they relate to investing.
* Has some interesting insights regarding the gambler mentality in the stock market.

CONS:

* The author has a tendency of jumping from topic to topic often when discussing various and unrelated topics in the same chapter, which makes it hard to follow the author's ideas.
* This book is not really practical, it's more theoretical.

CONCLUSION:

This book is good in theory and does provide some insightful information. However, it falls short in practicality and it's not really related to investment.
If you're interested in buying this book in order to improve your investing skills, you might as well look somewhere else.

Although this book is full of cool stuff about mass psychology, with lots of examples to prove the points, it got a little dry and repetitive after awhile. Also, the price makes me want to puke. The cartoons added all over the place helped put a bit of life into the reading though.

This book is not really about investing. Although it's teachings about human herd mentally can help you in the stock market this book is about much more. It is more a philosphical journey. The chapters on Paradox and Low and High states can allow you to look at the own occurances in your life to see why you maybe or may not be struggling.

In addition, the Dines Girls are total babes.

Easily the most insightful book on investing I have ever read. Witty, intelligent and specific