Irrational Exuberance Revised and Expanded Third Edition

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  • Engels
  • Hardcover
  • 9780691166261
  • 01 december 2015
  • 392 pagina's
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Robert J. Shiller

"Robert James Shiller (born March 29, 1946) is an American Nobel Laureate, economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Shiller has been a research associate of the National Bureau of Economic Research (NBER) since 1980, was vice president of the American Economic Association in 2005, and president of the Eastern Economic Association for 2006–2007. He is also the co‑founder and chief economist of the investment management firm MacroMarkets LLC.

(Bron: Wikipedia. Beschikbaar onder de licentie Creative Commons Naamsvermelding/Gelijk delen.)"

Samenvatting

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.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Hardcover
Oorspronkelijke releasedatum
01 december 2015
Aantal pagina's
392
Illustraties
Met illustraties

Betrokkenen

Hoofdauteur
Robert J. Shiller
Hoofduitgeverij
Princeton University Press

Vertaling

Originele titel
Irrational Exuberance

Overige kenmerken

Editie
3rd Revised edition
Extra groot lettertype
Nee
Studieboek
Nee
Verpakking breedte
167 mm
Verpakking hoogte
37 mm
Verpakking lengte
243 mm
Verpakkingsgewicht
707 g

EAN

EAN
9780691166261

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  • Must-read for value investors

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    Excellent, well written book any serious, long term value investor should read.

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