Irrational Exuberance
| Author | : | |
| Rating | : | 4.41 (720 Votes) |
| Asin | : | B00P6ZJ6HC |
| Format Type | : | |
| Number of Pages | : | 108 Pages |
| Publish Date | : | 2016-05-11 |
| Language | : | English |
DESCRIPTION:
Irrationality Redux? This first edition of this book, in 2000, was a broad study, drawing on a wide range of published research and historical evidence, of the enormous stock market boom that started around 1982 and picked up incredible speed after 1995. The book argued that the boom represented a speculative bubble, not grounded in sensible economic fundamentals. The second edition, in 2. "Excellent at Providing Historical Perspective, Analyzing Psychological Factors Causing Bubbles but Weak at Providing Solutions" according to Yoda. This reviewer remembers having read the first edition of this book back when it first came out in either 1999 or 2000, just before the stock market crash of 2000-2001. It did a very good job at providing historical perspective regarding long-term values in the stock market. It, correctly, pointed out that the stock market was overpriced and that a decline would be rea. Nick Zealand said No Easy Answers. The first edition of Irrational Exuberance warned of a stock market bubble. The key takeaway was to diversify. A few months later the dot com bubble crashed and stocks corrected.The second edition of Irrational Exuberance warned of a housing market bubble. The key takeaway was to diversify. A few years later, the sub-prime crisis hit and both stocks and house prices c
With high stock and bond prices and the rising cost of housing, the post-subprime boom may well turn out to be another illustration of Shiller's influential argument that psychologically driven volatility is an inherent characteristic of all asset markets. In addition to diagnosing the causes of asset bubbles, Irrational Exuberance recommends urgent policy changes to lessen their likelihood and severity—and suggests ways that individuals can decrease their risk before the next bubble bursts. It also includes updated data throughout, as well as Shiller's 2013 Nobel Prize lecture, which places the book in broader context. In this revised, updated, and expanded edition of his New York Times bestseller, Nobel Prize–winning economist Robert Shiller, who warned of both the tech and hous
For more information, please go to irrationalexuberance. . Shiller, the recipient of the 2013 Nobel Prize in economics, is a bestselling author, a regular contributor to the Economic View column of the New York Times, and a professor of economics at Yale University. Robert J
Again. If you want to preserve capital, unload most of your stocks and invest in government bonds."--Steve H. Those first 168 pages are must reading for anyone with savings invested in stocks."--Louis Uchitelle, New York Times Book Review"Mr. Shiller has done more than any other economist of his generation to document the less rational aspects of financial markets."--Paul Krugman, New York Times"Irrational Exuberance is not just a prophecy of doom. Chief among the new additions is Shiller's deeper focus on recent excesses in the stock market and his skepticism about investing in real estate Shiller's ideas have so many devoted followers that I wouldn't be surprised to see many more editions."--Angele McQuade, BetterInvesting"Yale University Professor Robert Shiller pretty much called the stock market drop when this book was first published in 2000. There's a world of importa