Binding: Paperback
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. Shares the deeper secrets of investing and pushes you to question what this means for your financial well - being Explains why people so often abandon good sense and good behavior to "follow the crowd" Offers concrete advice on how you can avoid the "public spectacle" of modern finance 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.
Title: Mobs Messiahs And Markets Surviving The Public Spectacle In Finance And Politics
Author(s): Rajiva Lila
Publisher: John Wiley & Sons Inc
Barcode: 9780470474808
Pages: 434 Pages, Charts: 16 B&W, 0 Color; Tables: 2 B&W, 0 Color
Publication Date: 8/1/2009
Series: Agora Series
Category: Investment & Securities