Why Most Investors Are Mostly Wrong Most of the Time

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Summary: The Zen of Technical Analysis Revealed
Review: I came across this book in the '70s and it has been my secret weapon in the markets ever since. I was looking at it this morning because I had just recommended it to a late night symposium of investment writers. Unless this '91 edition is radically changed, Scheinman puts the all-too-human flesh back on the ugly skeleton of technical analysis. That means that underneath the drollery and abounding ironies, you are gently led to understand the war of money and emotions behind, say, a "triple top." Indeed, the Zen of Scheinman's concept is in the title.

Rating:
Summary: You'd be mostly wrong to buy this book.
Review: If there is any valuable information in this book, it is not in the first 100 pages, which was all I could bear to read. The first 100 pages were a string of anecdotes concerning notable financial advisors who made woefully bad investments, but the author, despite the title of his book, included precious little explanation of WHY they invested as they did.