7 of 7 people found the following review helpful
Better than I thought,
This review is from: Snap Judgment: When to Trust Your Instincts, When to Ignore Them, and How to Avoid Making Big Mistakes with Your Money (Hardcover)
Vine Customer Review of Free Product (What's this?)
I was drawn to this book because I love to read about financial markets and psychology. Since this combined both of them I instantly had to read it. I was not expecting too much because I have read many books on this same area and thought "how much new info could this book really have?" Surprisingly it did have a few things that made me think.
One thing I have learned over the years is that my first instinct in most areas of my life is the correct one. I have also learned that my first instinct when it comes to trading and investing, is usually the wrong one. Actually I did quite a bit better taking the exact opposite viewpoint. Why is that? David Adler explained his theory on it in this book.
The author takes a pretty complicated subject and explains it in an extremely understandable way. Usually giving multiple examples of the same topic, so even if you were a little fuzzy on one explanation, the other one should clear it up.
Basically this book helps you think through your investing strategy. It explains why some choices are good, and why some are bad. Most of the bad ones are the choices that most of us make naturally.