Mobs, Messiahs, Markets P Contributor(s): Bonner, William (Author), Rajiva, Lila (Author) |
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ISBN: 0470474807 ISBN-13: 9780470474808 Publisher: Wiley OUR PRICE: $15.26 Product Type: Paperback - Other Formats Published: August 2009 Annotation: Bonner and Rajiva use literary economics to offer broad insights into mass behavior and its devastating effects on society. To understand such behavior, the authors weave a light-hearted journey through history, politics, and finance to show group mentality at work in an improbable array of instances. |
Additional Information |
BISAC Categories: - Business & Economics | Investments & Securities - General - Business & Economics | Leadership |
Dewey: 658.473 |
Series: Agora |
Physical Information: 1.15" H x 5.56" W x 8.64" (1.05 lbs) 434 pages |
Descriptions, Reviews, Etc. |
Publisher Description: An insightful look at how to succeed by going against the crowd Collectively, people think and act in ways that are different from how they think and act as individuals. Understanding these differences, says William (Bill) Bonner-a longtime maverick observer of the financial world and the vagaries of the investing public-is vital to preserving your wealth and personal dignity. From the witch-hunts of the early modern world to the war on terror, from dot-com mania to the real estate bubble, people have always been caught up in frauds, conceits, and wild guesses-often with devastating results. In Mobs, Messiahs, and Markets, Bonner and coauthor Lila Rajiva show groupthink at work in an improbable array of instances throughout history and reveal why swimming against the current pays.
The authors' cautionary tale of bubble economies reveals how the gush of credit let loose by Alan Greenspan has wreaked havoc on our lives-but their thoughtful and always entertaining approach also offers some sound investing principles for avoiding the pitfalls of the public spectacle, thinking for yourself, and protecting your money, your sanity, and your soul. |