In this bold and potentially urgent volume, Robert J. Shiller, a respected expert on market volatility, offers an unconventional interpretation of recent U.S. stock market highs and shows that Alan Greenspan's term "irrational exuberance" is a good d
Ha scritto il 17/11/16
The impressive thing is that it has been written before the subprime crisis. The downside is that it would have been nice to have the interpretation of that crisis as well.
The first chapters are not as easy to follow because they are full of da
...Continua
Ha scritto il 13/05/06
Shiller's a self confessed bear towards the current market and it definitely shows in his book.

It is an interesting read on the the non-quantitative factors that can affect the price of a stock (and a home..). It is also sobering read in ligh

It is an interesting read on the the non-quantitative factors that can affect the price of a stock (and a home..). It is also sobering read in light of the rising house prices and the bull market we have seen in the past year or so.

The final impression I got in the end was that nothing in the market (stock and housing) is guaranteed. And...to always do your due diligence! ...Continua


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