Investment errors are hardly the exclusive domain of novice investors. Investment professionals commit their own share of routine errors. One common error that manifests itself in many different forms is the tendency to draw conclusions based on insufficient or irrelevant data. The housing bubble of the 2000s provided a classic example. This book is a compilation of the fundamental investment errors the author has observed over his career in the markets. Errors that permeate widely accepted academic precepts, professional money management methodologies, and investment behavior. This book will be insightful to professionals and yet readable by the broader audience with an interest in investment, trading, and finance. This book combines multiple concepts, spanning both traditional and alternative investments, and topics ranging from basic to sophisticated, into a single accessible book. How Markets Really Work challenges many of the concepts that are at the core of both investment theory and practice.