Description
Dive into 'Mobs, Messiahs, and Markets,' a must-read for anyone seeking to navigate the chaotic landscape of modern finance. In this brand new book, William (Bill) Bonner and Lila Rajiva challenge the prevailing herd mentality that often leads to financial folly. With a compelling narrative woven through 434 pages, this insightful work reveals how collective behavior can mislead even the most astute investors. Understand the psychology of markets, from historical witch-hunts to today's dot-com bubbles, and learn why going against the crowd can be your path to success. This book not only demystifies groupthink but also arms you with practical strategies to preserve your wealth and sanity in the face of societal pressures. Discover actionable advice on avoiding precarious pitfalls and reaping the rewards of independent thought. 'Mobs, Messiahs, and Markets' serves as a cautionary tale for investors, illustrating the destructive potential of bubble economies fueled by easy credit. Equip yourself with knowledge to safeguard your financial health while effectively questioning the trends that influence us all. You won't want to miss the opportunity to transform your investment habits with the wisdom contained in this enlightening read.
Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.
Condition: BRAND NEW
ISBN: 9780470474808
Year: 2009
Publisher: John Wiley & Sons Inc (US)
Pages: 434
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.
Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.
Condition: BRAND NEW
ISBN: 9780470474808
Year: 2009
Publisher: John Wiley & Sons Inc (US)
Pages: 434
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.