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Irrational Exuberance

Irrational Exuberance

Revised and Expanded Third Edition

by Robert J. Shiller

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Should I read this?

appears in Stocks, Stock Market, and Stock Trading.

In this revised, updated, and expanded edition of his New York Times bestseller, Nobel Prizewinning economist Robert Shiller, who warned of both the tech and housing bubbles, cautions that signs of irrational exuberance among investors have only increased since the 20089 financial crisis. With high stock and bond prices and the rising cost of hou...

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appears in Stocks, Stock Market, and Stock Trading.

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Appears In

The Undoing Project
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Consider The Undoing Project by Michael Lewis. Recommended by 18 sources.

Michael Lewis chronicles the friendship and intellectual partnership of Daniel Kahneman and Amos Tversky, who championed the idea that cognitive biases shape our choices. The narrative reads like a buddy story, weaving their discoveries into personal anecdotes and the drama of their collaboration. You'll grasp key ideas—loss aversion, framing—through their story, but the book focuses on biography, not application. Helpful for understanding behavioral economics' origins; less useful if you want actionable advice. The emotional arc of their relationship can overshadow the science.

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Irrational Exuberance

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