Irrational Exuberance 在線電子書 圖書標籤: 金融 Finance 經濟 經濟學 IrrationalExuberate Economics Shiller CFA
發表於2025-04-02
Irrational Exuberance 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2025
四點床上驚醒,遂看完最後一點。貌似緣起緣滅就是這本書~據說席勒童鞋在Yale被學生罷課,隻想說熊孩子的爸媽還真這麼厲害瞭,Skull & Bones…還有溜達哈佛,可見Porcellian Club那幢樓以及豬頭標誌,還有各地會所…所以非理性繁榮,這種繁榮隻是對少數人而言的…人類本性隻要尚存,泡沫就接著有,市場永遠是非理性的,所以我對某些市場還是持有樂觀態度,某些持有悲觀情緒…
評分If one tries too hard to be precise, one runs the risk of being so narrow as to be irrelevant.
評分後半部分有很多long run short run price movement的討論 讓我想到自己問不同公司trader他們的decision making process 哎 還是exotic/macro比較有意思
評分OK,Not as well articulated as The Animal Spirits by Shiller and Akerlof
評分OK,Not as well articulated as The Animal Spirits by Shiller and Akerlof
Robert J. Shiller is the Stanley B. Resor Professor of Economics at Yale University. He is author of "The New Financial Order: Risk in the 21st Century" (Princeton) and "Market Volatility and Macro Markets", which won the 1996 Paul A. Samuelson Award.
This first edition of this book was a broad study, drawing on a wide range of published research and historical evidence, of the enormous stock market boom that started around 1982 and picked up incredible speed after 1995. Although it took as its specific starting point this ongoing boom, it placed it in the context of stock market booms generally, and it also made concrete suggestions regarding policy changes that should be initiated in response to this and other such booms. The book argued that the boom represents a speculative bubble, not grounded in sensible economic fundamentals. Part one of the book considered structural factors behind the boom. A list of twelve precipitating factors that appear to be its ultimate causes was given. Amplification mechanisms, naturally-occurring Ponzi processes, that enlarge the effects of these precipitating factors, were described. Part Two discussed cultural factors, the effects of the news media, and of "new era" economic thinking. Part Three discussed psychological factors, psychological anchors for the market and herd behavior. Part Four discussed attempts to rationalize exuberance: efficient markets theory and theories that investors are learning. Part Five presented policy options and actions that should be taken. The second edition, 2005, added an analysis of the real estate bubble as similar to the stock market bubble that preceded it, and warned that "Significant further rises in these markets could lead, eventually, to even more significant declines. The bad outcome could be that eventual declines would result in a substantial increase in the rate of personal bankruptcies, which could lead to a secondary string of bankruptcies of financial institutions as well. Another long-run consequence could be a decline in consumer and business confidence, and another, possibly worldwide, recession." Thus, the second edition of this book was among the first to warn of the global financial crisis that began with the subprime mortgage debacle in 2007
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非理性繁榮(第2版)
我2006年看的, 越看胆子越大, 68追的600150, 190出的. 不过要是没看过, 我不会在过去2年坚决不买房,不贷款, 不会那么坚决的在2008年初把70%的仓位买了2年国债,
評分Robert Shiller的《非理性繁荣》由普林斯顿大学出版社出版于2000年3月,令他忧心忡忡的千禧年狂热正处于历史最高点。然而恰恰正是在这个月,没过多久,美股市场突然发生巨震,泡沫破裂,道琼斯指数在短短几周之内由历史最高点11700下跌了近20%,纳斯达克指数在随后一月...
評分不仅仅是因为它在畅销书排行榜上赫赫有名,更是因为想在金融危机的背景下看看希勒对于市场的现实主义看法,我选择了读《非理性繁荣》这本书。 在《非理性繁荣》一书中,作者通篇用大量研究数据和通篇的新闻、资料等证明说明了在不同时期股票市场和资本市场的非理性的繁荣状态,...
評分Robert Shiller的《非理性繁荣》由普林斯顿大学出版社出版于2000年3月,令他忧心忡忡的千禧年狂热正处于历史最高点。然而恰恰正是在这个月,没过多久,美股市场突然发生巨震,泡沫破裂,道琼斯指数在短短几周之内由历史最高点11700下跌了近20%,纳斯达克指数在随后一月...
評分Robert Shiller的《非理性繁荣》由普林斯顿大学出版社出版于2000年3月,令他忧心忡忡的千禧年狂热正处于历史最高点。然而恰恰正是在这个月,没过多久,美股市场突然发生巨震,泡沫破裂,道琼斯指数在短短几周之内由历史最高点11700下跌了近20%,纳斯达克指数在随后一月...
Irrational Exuberance 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2025