getAbstract Summary: Get the key points from this book in less than 10 minutes.

The word crash strikes fear into any investor's heart. Fear not, writes scientist Didier Sornette, who has crunched the numbers (not to mention the probabilities and log periodicities) and has determined that crashes are, in fact, quite normal and predictable. If prices are soaring and everyone you know says profits are guaranteed, get ready. Sornette backs up his argument with countless charts, formulas and phrases such as "spontaneous symmetry-breaking regime." Still, there's enough plain English here to enlighten the lay reader. getAbstract suggests this book to traders and investors looking for a unique analysis of market crashes.

Book Publisher:

Princeton UP