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Irrational Exuberance Revised and Expanded Third Edition: A Must-Have for Investors

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Irrational Exuberance: Revised and Expanded Third Edition

by Robert J. Shiller

4.4 out of 5

Language	:	English
File size	:	3072 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	378 pages

Irrational Exuberance is a classic book on the subject of market bubbles and crashes. The author, Robert J. Shiller, is a Yale University economics professor who has spent decades studying the behavior of financial markets. In this book, Shiller argues that market bubbles are a result of irrational exuberance, which is a state of excessive optimism and confidence that can lead investors to make poor decisions.

The first edition of Irrational Exuberance was published in 2000, just before the dot-com bubble burst. The book became a bestseller, and Shiller was widely praised for his insights into the psychology of market bubbles.

In 2005, Shiller published an updated and expanded second edition of Irrational Exuberance. This edition included a new chapter on the housing bubble that was then underway. Shiller warned that the housing bubble was likely to burst, and he urged investors to be cautious.

The housing bubble did indeed burst in 2008, and the global financial crisis that followed caused widespread economic damage. Shiller's warnings about the dangers of irrational exuberance were proven correct.

In 2015, Shiller published a third, revised and expanded edition of Irrational Exuberance. This edition includes new chapters on the recent financial crisis and the rise of behavioral economics. Shiller also updates his analysis of market bubbles and crashes, and he provides new insights into the psychology of investors.

The third edition of Irrational Exuberance is a must-have for investors of all levels. Shiller's insights into the psychology of market bubbles and crashes are invaluable for anyone who wants to make informed investment decisions.

Key Features of the Revised and Expanded Third Edition

New chapters on the recent financial crisis and the rise of behavioral economics
Updated analysis of market bubbles and crashes
New insights into the psychology of investors
Detailed case studies of market bubbles and crashes
Practical advice for investors on how to avoid the dangers of irrational exuberance

Praise for Irrational Exuberance

"Irrational Exuberance is a classic work on the subject of market bubbles and crashes. Shiller's insights into the psychology of investors are invaluable for anyone who wants to make informed investment decisions." - Warren Buffett

"Shiller's book is a must-read for anyone who wants to understand the financial markets. He provides a clear and concise explanation of the causes of market bubbles and crashes, and he offers practical advice for investors on how to avoid the dangers of irrational exuberance." - Paul Krugman

About the Author

Robert J. Shiller is a professor of economics at Yale University and a Nobel laureate in economics. He is the author of several books on the subject of financial markets, including Irrational Exuberance and Finance and the Good Society.

Free Download Your Copy Today!

The third edition of Irrational Exuberance is available now from all major booksellers. Free Download your copy today and get the insights you need to make informed investment decisions.

Irrational Exuberance Revised And Expanded Third Edition Irrational Exuberance: Revised And Expanded Third Edition