The vast majority of published literature dealing with the 2008 financial crisis is written by three kinds of specialists: investment gurus with an exceptional investment track record,
financial practitioners, and academicians. Books written by investment gurus provide investors with practical tips of managing money, but they lack key theoretical foundations and over
generalize performance. Financial practitioners tend to oversimplify investing, presenting investors with advice that contradicts economic theory and financial history. And academics address
these deficiencies but are too abstract; ignore the history of markets; and fail to connect effectively with the average investor.
Intelligent Investing in Irrational Markets bridges these gaps by offering readers a unique framework through which investing is both a game of economics and psychology. Mourdoukoutas
illustrates how solid investing tactics involve the basic principles of economics, which helps investors identify financial goals and constraints, as well as create optimal strategies for
asset and portfolio allocation.
