Summary of Why Stock Markets Crash

Why Stock Markets Crash is a historical and technical analysis of a wide range of market crashes across the world. Author Didier Sornette explains why crashes occur and why investors can benefit from understanding them. He delves into the underlying reasons for market movements, and provides empirical evidence and historical context to support his theories. The book details how individual investors can use various tools to protect and benefit themselves before, during and after crashes. It also examines various strategies traders can use to take advantage of market movements, while helping readers understand the complex factors that shape the development of markets over time.