The microscopical analysis of the unconventional and puzzling physics of the underdoped cuprates, as carried out lately by means of the Composite Operator Method (COM) applied to the 2D Hubbard model, is reviewed and systematized. The 2D Hubbard model has been adopted as it has been considered the minimal model capable to describe the most peculiar features of cuprates held responsible for their anomalous behavior. COM is designed to endorse, since its foundations, the systematic emergence in any SCS of new elementary excitations described by composite operators obeying non-canonical algebras. In this case (underdoped cuprates - 2D Hubbard model), the residual interactions - beyond a 2-pole approximation - between the new elementary electronic excitations, dictated by the strong local Coulomb repulsion and well described by the two Hubbard composite operators, have been treated within the Non Crossing Approximation. Given this recipe and exploiting the few unknowns to enforce the Pauli principle content in the solution, it is possible to qualitatively describe some of the anomalous features of high-Tc cuprate superconductors such as large vs. small Fermi surface dichotomy, Fermi surface deconstruction (appearance of Fermi arcs), nodal vs. anti-nodal physics, pseudogap(s), kinks in the electronic dispersion. The resulting scenario envisages a smooth crossover between an ordinary weakly-interacting metal sustaining weak, short-range antiferromagnetic correlations in the overdoped regime to an unconventional poor metal characterized by very strong, long-but-finite-range antiferromagnetic correlations leading to momentum-selective non-Fermi liquid features as well as to the opening of a pseudogap and to the striking differences between the nodal and the anti-nodal dynamics in the underdoped regime.
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