|
|
Extraordinary Popular Delusions and the Madness of Crowds and Confusión de Confusiones (A Marketplace Book) (Paperback)
by Martin S. Fridson , Charles Mackay , Joseph de la Vega
| Category:
Speculation, Risk management, Investing |
| Market price: ¥ 248.00
MSL price:
¥ 218.00
[ Shop incentives ]
|
| Stock:
Pre-order item, lead time 3-7 weeks upon payment [ COD term does not apply to pre-order items ] |
MSL rating:
 Good for Gifts |
MSL Pointer Review:
An entertaining read on the greed, fear, and market manipulation in the world of investing.
|
| If you want us to help you with the right titles you're looking for, or to make reading recommendations based on your needs, please contact our consultants. |
Detail |
Author |
Description |
Excerpt |
Reviews |
|
|
|
Author: Martin S. Fridson , Charles Mackay , Joseph de la Vega
Publisher: Wiley; 1 edition
Pub. in: December, 1995
ISBN: 0471133124
Pages: 224
Measurements: 8.4 x 5.4 x 0.7 inches
Origin of product: USA
Order code: BA01399
Other information: ISBN-13: 978-0471133124
|
|
Rate this product:
|
|
- MSL Picks -
Extraordinary Popular Delusions and the Madness of Crowds has been a favorite of mine for years, so while I'm happy to see it popularized, there's so much I miss! This is the first book of Urban Legends. There's so much to the book, and so much is so funny, and the financial stuff is the driest part of the book.
That said, I understand Fridson has a theme, and by using these two old works, one Victorian, and one Louis XIV, he shows that nothing much changes: people will do very stupid things if that's what everyone else is doing. More to the point, people will do very risky things with their money, if everyone else is doing so. Examples abound in these two great books, and Fridson doesn't miss a chance to make a point, and usually gets a good laugh in as well.
Tulipomania (when the price of tulip bulbs in Holland inflated beyond the ridiculous) is especially revealing, and though Fridson is using it to make a point about price inflation, I couldn't help thinking also about the marketing technique by which the public is convinced it needs something, then that something is doled out like Oreos to a diabetic. I'm thinking specifically of diamonds, but there are lots of examples.
Fridson pulls this altogether, and as big a fan as I am of Extraordinary Popular Delusions and the Madness of Crowds, the original work he has created by mating a part of it with the other work, and with his own explanatory text is a great book.
(Qoted from Rivkah Maccaby, USA)
Target readers:
Investment bankers, traders, and other practitioners in financial markets.
|
|
Customers who bought this product also bought:
 |
Common Stocks and Uncommon Profits and Other Writings (Paperback)
by Philip A. Fisher, Kenneth L. Fisher (Introduction)
High-quality, high-growth, 15-point checklist for buying stocks, this classic investment text is all about value. |
 |
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing, Ninth Edition (Paperback)
by Burton G. Malkiel
A classic investment manual and an excellent introduction into academic finance. |
 |
Against the Gods: The Remarkable Story of Risk (Paperback)
by Peter L. Bernstein
A remarkable history of risk and a great study of how we make decisions. |
 |
Market Wizards: Interviews with Top Traders (Paperback)
by Jack D. Schwager
|
 |
The Black Swan: The Impact of the Highly Improbable (Hardcover)
by Nassim Nicholas Taleb
It's a rare book that makes you look at the world differently - it enhances our awareness of our skewed way of viewing reality and the absurdities of fate and humanity. |
 |
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets (Paperback) (Paperback)
by Nassim Nicholas Taleb
Finally in paperback, the word-of-mouth sensation, a book with a reputation that matches that of Malcolm Gladwell's books, will change the way you think about the markets and the world. |
 |
Irrational Exuberance (Paperback)
by Robert J. Shiller
In this well researched book, Shiller makes a strong case that markets are not efficient, but respond to crowd psychology
|
 |
The Introvert Advantage: How to Thrive in an Extrovert World (Paperback)
by Marti Olsen Laney
An excellent resource that helps us understand the reality of an introvert in an extroverted world. |
 |
The Tipping Point: How Little Things Can Make a Big Difference (Paperback)
by Malcolm Gladwell
A light read in the line of Freakonomics instead of a serious research, this book helped define the importance of mavens and connectors in spreading ideas. Interesting and insightful. |
 |
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (Paperback)
by Steven D. Levitt, Stephen J. Dubner
Freaky, fun and thought-provoking, this wonderfully popular non-fiction book is full of weird insights and surprising conclusions. |
 |
The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else (Paperback)
by Hernando de Sato
Getting back to the roots of capitalism covering markets, property rights, and fighting poverty, this eye-opening book is one of the essential readings on the future of developing countries. |
 |
Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron (Paperback)
by Bethany McLean, Peter Elkind
The best on Enron, this is a well researched and well written narrative of corporate greed and hubris that rocked the Wall Street. |
 |
One Up On Wall Street: How to Use What You Already Know To Make Money In The Market (Paperback)
by Peter Lynch
Another America's favorate investment book, from the #1 Money Manager in the country. |
|
|
Martin S. Fridson is a Managing Director at Merrill Lynch & Co., and a member of Institutional Investor's All-America Research Team. He is the author of Financial Statement Analysis, Second Edition and Investment Illusions, both published by Wiley. Fridson also serves on the editorial board of Financial Analysts Journal.
Charles Mackay, L.L.D., was a Scottish journalist in the nineteenth century. He received an honorary law degree from Glasgow University and was a renowned poet and songwriter.
Joseph de la Vega was a businessman and poet residing in seventeenth-century Amsterdam. He lived in a community of Portuguese Jews whose ancestors had fled the Spanish Inquisition.
|
|
From Publisher
"The market never ceases to befuddle and beguile. These two venerable works are fixtures on the short lists for most valuable books on the securities markets, and investors continue to cherish them." -From the Introduction by Martin S. Fridson Managing Director, Merrill Lynch & Co. Author of Investment Illusions
Exploring the sometimes hilarious, sometimes devastating impact of crowd behavior and trading trickery on the financial markets, this book brilliantly combines two all-time investment classics. Extraordinary Popular Delusions and Confusión de Confusiones take us from Tulipmania in 1634-when tulips actually traded at a higher price than gold-to the South Sea "bubble" of 1720, and beyond. Securities analyst and author Martin Fridson guides you on a quirky, entertaining, and intriguing journey back through time.
|
Ron Insana (MSL quote), USA
<2008-06-18 00:00>
This is the most important book ever written about crowd psychology and, by extension, about financial markets... |
Greg Heberlein (MSL quote), USA
<2008-06-18 00:00>
...the book sears into modern investor minds the dangers of following the crowd. |
John Wiley & Sons(MSL quote), USA
<2008-06-18 00:00>
A unique and witty book consisting of selections from Extraordinary Popular Delusions and the Madness of Crowds and Confusion de Confusions. The combination of these two classics results in an accessible and fascinating assessment of crowd behavior, market movement and investment psychology.
|
Financial Times (MSL quote), USA
<2008-06-18 00:00>
The market never ceases to befuddle and beguile. These two venerable works are fixtures on the short lists for most valuable books on the securities markets, and investors continue to cherish them." -From the Introduction by Martin S. Fridson Managing Director, Merrill Lynch & Co. Author of Investment Illusions
Exploring the sometimes hilarious, sometimes devastating impact of crowd behavior and trading trickery on the financial markets, this book brilliantly combines two all-time investment classics. Extraordinary Popular Delusions and Confusión de Confusiones take us from Tulipmania in 1634-when tulips actually traded at a higher price than gold-to the South Sea "bubble" of 1720, and beyond. Securities analyst and author Martin Fridson guides you on a quirky, entertaining, and intriguing journey back through time.
|
|
|
|
|
