Mobs, Messiahs, and Markets Contributor(s): Bonner, William (Author) |
|
ISBN: 0470112328 ISBN-13: 9780470112328 Publisher: Wiley OUR PRICE: $25.16 Product Type: Hardcover - Other Formats Published: August 2007 Annotation: Praise for "Mobs, Messiahs, and Markets" "This book strikes at the center of conventional wisdom. It is brilliant, deep, and fun to read." "As fun to read as it is thought-provoking and filled with fascinating insights into how the world really works. It will teach you a proper skepticism as to what we are told by the mainstream media." "Learn about Fed bubbles and make Ben Bernanke unhappy: read this book." "A cock-eyed, frolicking hell of a read." "I laughed aloud, I learned, and I was even offended. Behind the crafty writing, the authors share the deeper secrets of investing and push us to question what we believe. 'Think for yourself!' this book screams." "Mobs, Messiahs, and Markets is one of the funniest and most entertaining books I have ever read. A classic for the student of the current period in history. If I had to name just one book investors should read, this is the one I would select." "Entertainingly and irreverently investigates the 'do-gooders' and'world-improvers' who stir up mass hysteria, unjustified wars, and financial crises, while at the same time it warns readers how to better protect themselves and their pocketbooks." |
Additional Information |
BISAC Categories: - Business & Economics | Investments & Securities - General |
Dewey: 658.473 |
LCCN: 2007012349 |
Series: Agora |
Physical Information: 1.42" H x 6.37" W x 9.01" (1.39 lbs) 432 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. |