This book should bring about some sanity for the investors in the insane markets of today. This book would protect an investor from getting emotionally attached to a stock. The book prepares an investor for facing the confluence of emotions, sentiments and volatility in today's markets. A must read for every student of the market. The 3 key differentiators of this book are: The text is simple and while obviously not for a pure layman, is an excellent guide for a "financial layman" i.e. a person who is involved with the investment industry but is not necessarily a fund manager.