Irrational Exuberance

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 housing bubbles, cautions that signs of irrational exuberance among investors have only increased since the 2008–9 financial crisis. 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 other words, Irrational Exuberance is as relevant as ever. Previous editions covered the stock and housing markets—and famously predicted their crashes. This edition expands its coverage to include the bond market, so that the book now addresses all of the major investment markets. It also includes updated data throughout, as well as Shiller's 2013 Nobel Prize lecture, which places the book in broader context. 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. No one whose future depends on a retirement account, a house, or other investments can afford not to read this book.

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  • Author : Robert J. Shiller
  • Publisher : Princeton University Press
  • Pages : 392 pages
  • ISBN : 0691173125
  • Rating : 4/5 from 21 reviews
CLICK HERE TO GET THIS BOOKIrrational Exuberance

Irrational Exuberance

Irrational Exuberance
  • Author : Robert J. Shiller
  • Publisher : Princeton University Press
  • Release : 16 August 2016
GET THIS BOOKIrrational Exuberance

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 housing bubbles, cautions that signs of irrational exuberance among investors have only increased since the 2008–9 financial crisis. 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

Irrational Exuberance

Irrational Exuberance
  • Author : Robert J. Shiller
  • Publisher : Princeton Univ Department of Art &
  • Release : 24 June 2021
GET THIS BOOKIrrational Exuberance

An expert on market volatility shows that the value of the stock market may be significantly inflated and urges cautious optimism, predicting that the market may show poorer performance in the future.

Irrational Exuberance

Irrational Exuberance
  • Author : Robert J. Shiller
  • Publisher : Princeton University Press
  • Release : 09 February 2009
GET THIS BOOKIrrational Exuberance

This first edition of this book 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. Although it took as its specific starting point this ongoing boom, it placed it in the context of stock market booms generally, and it also made concrete suggestions regarding policy changes that should be initiated in response to this and other such booms. The

Irrational Exuberance Reconsidered

Irrational Exuberance Reconsidered
  • Author : Mathias Külpmann
  • Publisher : Springer Science & Business Media
  • Release : 20 March 2013
GET THIS BOOKIrrational Exuberance Reconsidered

Mathias Külpmann presents a framework to evaluate whether the stock market is in line with underlying fundamentals. The new and revised edition offers an up to date introduction to the controversy between rational asset pricing and behavioural finance. Empirical evidence of stock market overreaction are investigated within the paradigms of rational asset pricing and behavioural finance. Although this monograph will not promise the reader to become a millionaire, it offers a road to obtain a deeper understanding of the

Stocks for the Long Run, 4th Edition

Stocks for the Long Run, 4th Edition
  • Author : Jeremy J. Siegel
  • Publisher : McGraw Hill Professional
  • Release : 18 December 2007
GET THIS BOOKStocks for the Long Run, 4th Edition

Stocks for the Long Run set a precedent as the most complete and irrefutable case for stock market investment ever written. Now, this bible for long-term investing continues its tradition with a fourth edition featuring updated, revised, and new material that will keep you competitive in the global market and up-to-date on the latest index instruments. Wharton School professor Jeremy Siegel provides a potent mix of new evidence, research, and analysis supporting his key strategies for amassing a solid portfolio

Trading Commodities and Financial Futures

Trading Commodities and Financial Futures
  • Author : George Kleinman
  • Publisher : Pearson Education
  • Release : 18 October 2004
GET THIS BOOKTrading Commodities and Financial Futures

More fortunes are made and lost more quickly in the commodity futures markets than anywhere else. It is a game of consequence where profits won by one player are lost by another. The stakes are high, but for those who know how to play well, the rewards can be immense. Trading Commodities and Financial Futures shows you how to play the game to win. In this book, one of the world's most experienced traders introduces a new step-by-step methodology built

Animal Spirits

Animal Spirits
  • Author : George A. Akerlof,Robert J. Shiller
  • Publisher : Princeton University Press
  • Release : 01 February 2010
GET THIS BOOKAnimal Spirits

The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide. In this book, acclaimed economists George Akerlof and Robert Shiller challenge the economic wisdom that got us into this mess, and put forward a bold new vision that will transform economics and restore prosperity. Akerlof and Shiller reassert the necessity

Dow 100,000 Fact Or Fiction

Dow 100,000 Fact Or Fiction
  • Author : Charles W. Kadlec
  • Publisher : Prentice Hall Press
  • Release : 24 June 1999
GET THIS BOOKDow 100,000 Fact Or Fiction

A bullish perspective on future markets predicts a decade or more of spectacular prosperity and growth, with the Dow headed for 30,000 and a continual spread of freedom and creativity around the globe.

Stocks for the Long Run 5/E: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies

Stocks for the Long Run 5/E: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies
  • Author : Jeremy J. Siegel
  • Publisher : McGraw Hill Professional
  • Release : 10 January 2014
GET THIS BOOKStocks for the Long Run 5/E: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies

The stock-investing classic--UPDATED TO HELP YOU WIN IN TODAY'S CHAOTIC GLOBAL ECONOMY Much has changed since the last edition of Stocks for the Long Run. The financial crisis, the deepest bear market since the Great Depression, and the continued growth of the emerging markets are just some of the contingencies directly affecting every portfolio inthe world. To help you navigate markets and make the best investment decisions, Jeremy Siegel has updated his bestselling guide to stock market investing. This new

The Wealth of Religions

The Wealth of Religions
  • Author : Robert J Barro,Rachel McCleary
  • Publisher : Princeton University Press
  • Release : 06 April 2021
GET THIS BOOKThe Wealth of Religions

How religious beliefs and practices can influence the wealth of nations Which countries grow faster economically—those with strong beliefs in heaven and hell or those with weak beliefs in them? Does religious participation matter? Why do some countries experience secularization while others are religiously vibrant? In The Wealth of Religions, Rachel McCleary and Robert Barro draw on their long record of pioneering research to examine these and many other aspects of the economics of religion. Places with firm beliefs

A Short History of Financial Euphoria

A Short History of Financial Euphoria
  • Author : John Kenneth Galbraith
  • Publisher : Penguin
  • Release : 01 July 1994
GET THIS BOOKA Short History of Financial Euphoria

The world-renowned economist offers "dourly irreverent analyses of financial debacle from the tulip craze of the seventeenth century to the recent plague of junk bonds." —The Atlantic. With incomparable wisdom, skill, and wit, world-renowned economist John Kenneth Galbraith traces the history of the major speculative episodes in our economy over the last three centuries. Exposing the ways in which normally sane people display reckless behavior in pursuit of profit, Galbraith asserts that our "notoriously short" financial memory is what creates

The Little Book of Behavioral Investing

The Little Book of Behavioral Investing
  • Author : James Montier
  • Publisher : John Wiley & Sons
  • Release : 26 January 2010
GET THIS BOOKThe Little Book of Behavioral Investing

A detailed guide to overcoming the most frequently encountered psychological pitfalls of investing Bias, emotion, and overconfidence are just three of the many behavioral traits that can lead investors to lose money or achieve lower returns. Behavioral finance, which recognizes that there is a psychological element to all investor decision-making, can help you overcome this obstacle. In The Little Book of Behavioral Investing, expert James Montier takes you through some of the most important behavioral challenges faced by investors. Montier

Manias, Panics, and Crashes

Manias, Panics, and Crashes
  • Author : Robert Z. Aliber,Charles P. Kindleberger
  • Publisher : Springer
  • Release : 07 December 2017
GET THIS BOOKManias, Panics, and Crashes

This seventh edition of an investment classic has been thoroughly revised and expanded following the latest crises to hit international markets. Renowned economist Robert Z. Aliber introduces the concept that global financial crises in recent years are not independent events, but symptomatic of an inherent instability in the international system.

Phishing for Phools

Phishing for Phools
  • Author : George A. Akerlof,Robert J. Shiller
  • Publisher : Princeton University Press
  • Release : 16 August 2016
GET THIS BOOKPhishing for Phools

Why the free-market system encourages so much trickery even as it creates so much good Ever since Adam Smith, the central teaching of economics has been that free markets provide us with material well-being, as if by an invisible hand. In Phishing for Phools, Nobel Prize–winning economists George Akerlof and Robert Shiller deliver a fundamental challenge to this insight, arguing that markets harm as well as help us. As long as there is profit to be made, sellers will