Irrational Exuberance
by Robert J. Shiller
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Book Summary Information
Author: Robert J. ShillerEdition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2006-05-09
ISBN: 0767923634
Number of pages: 336
Publisher: Crown Business
Book Reviews of Irrational Exuberance
Book Review: Bubbles and crises
Summary: 3 Stars
Last year in my country you can see some commercials in the TV inviting to invest in Mutual Funds, and I believe lots of people turned to that. The problem is that the very next year, beginning in January, the housing bubble burst and we know the rest of the story. Although this book was written before that, the book remain valid at explaining the particular behavior of the markets in these moments of furor, the "irrational exuberance", and the panic that follows it. In my opinion the book is a good investigation of the markets, you can see the author analyzing all the factors involved, including sociological and psicological (this make the book a little slow). Is good to invest in the financial system, but in awareness of its possible behavior.
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