The Socionomic Theory of Finance is a 13-year-long effort by Robert Prechter. In brilliant contrast to the dismal science of economics, Prechter's theory is fresh, exciting and intellectually fulfilling. Every chapter rebuts conventional theory and offers ground-breaking insights in a cohesive model with a real-world application.
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The book draws a crucial distinction between finance and economics and ties both fields to human social behavior. Top reviewers across multiple disciplines have offered acclaim. Professor Terry Burnham calls it "the best book ever written on financial markets." In time, STF will transform the thinking of every individual in the world of finance. Read it and be among the first.
Read reviews from top academics:
- Terry Burnham, Professor of Finance, Chapman University; Professor of Economics, Harvard, 1997-2004; author, Mean Markets & Lizard Brains-the New Science of Irrationality
- H. Eugene Stanley, University Professor (Physics), Boston University; member National Academy of Sciences; a founding father of econophysics
- Werner De Bondt, Professor of Finance; Founding Director of the Richard H. Driehaus Center for Behavioral Finance, DePaul University; co-founder of behavioral finance
- Sacha Sardo-Infirri, Ph.D (Mathematics), University of Oxford; Rhodes Scholar; Senior Quantitative Researcher, The Prediction Company
- Laurence Chud, M.D. (Psychiatry); Faculty, Harvard Medical School
- Kenneth Olson, Ph.D (Clinical Psychology), Professor Emeritus, Fort Hays State University
- Peter Atwater, President, Financial Insyghts; Adjunct Professor, University of Delaware
- Jeremy du Plessis, CMT; financial author; Fellow of Society of Technical Analysts (UK)
- Murray Gunn, Head of Technical Analysis, HSBC Global Research
Robert Prechter is author of 17 books on finance. He is president of the Socionomics Institute, which studies social mood and its influence on financial markets, the economy, politics and cultural trends. In 1979, he founded Elliott Wave International, a financial forecasting firm whose team of analysts covers the world’s major markets around the clock.