The Psychology of Risk is written for people who have more memory and attention than I have. I had to review the book several times before I figured out that reading it required the the following repeatable process:
  1. Read Table of Contents
  2. Find Interesting Text in ToC
  3. Skim Indicated Sub-Chapter
Skimming the text allowed me to skip the anecdotes and their obfuscation.

The book describes several different market mentalities, and some various means of coping with their psychological impacts on trading. Investing is usually an intensely personal experience. This self-absorption tends to create biases, which prevent efficient investing. His better suggestions lie in instituting peer review, and creating a system of understanding upon which to base investments.