Toward Rational Exuberance
The Evolution of the Modern Stock Market
by B. Mark Smith
Recommended by Money Mustache and Peter Adeney
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Should I read this?
Recommended by 2 sources and appears in Most Recommended Books, Finance, and History.
The stock market is big news today. Over 50 percent of the American public own stocks directly or indirectly, meaning that the financial wellbeing of tens of millions of people is directly tied to the market. Alan Greenspan has stated that it is not possible to understand the modern economy without understanding the stock market. But this has not ...
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Why recommended
Recommended by 2 sources and appears in Most Recommended Books, Finance, and History.
Recommended by notable people
People and public figures who have recommended this book.
Recommendation Signals
Recommendation proof is sourced from public posts, interviews, reading lists, and cited references.
Money Mustache
“A well written history of the stock market dating back to the 1800s.”
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Appears In
Not sure if this is the right fit?
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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Each recommendation is collected from a public source — interviews, articles, or curated lists — and linked to its original URL. Books with many verifiable recommendations from respected people rank higher.
Toward Rational Exuberance
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