This review of John Kenneth Galbraith’s book “A Short History of Financial Euphoria” documents history’s lessons for financial decision makers. A Short History of Financial Euphoria by John Kenneth Galbraith, , available at Book Depository with free delivery worldwide. A Short History of Financial Euphoria. John Kenneth Galbraith, Author Viking Books $16 (p) ISBN
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The financial markets suddenly became aware.
The Book of Dust: Never Split the Difference. Feb 16, Lainie rated it really liked it.
If you believe you can make huge money in markets, you must read this book to temper your optimism. Oct 29, Joyce Zhang rated it liked it. There are no discussion topics on this book yet.
A Short History of Financial Euphoria
Dec 29, Marilyn Pocius rated it it was amazing. A simple, concise book on the euphoria of crowds.
The bubble pops once values dip and people are unable to sell their assets. Galbraith would agree with me here, but I think he would. Lists with This Book.
A Short History of Financial Euphoria by John Kenneth Galbraith | : Books
The Great Crash The first response came from a convocation of former Secretaries of the Treasury, professional public spokesmen, and chief executive officers of major corporations. Ends with a bit shrug of the shoulders. Galbraith was right to predict that 20 years was all it took to forget So based on style and reputation he wins the day, but from a content view you need to couple this with some additional reading More leverage is put on those assets, until leverage levels based on asset value rise to unsustainable levels kenheth.
The review gqlbraith be at least 50 characters long.
If Investor X is making all that money, he must be especially wise. Aug 11, Roger rated it really liked it. Short book, quick read but packed with a lot of wisdom. Oct 29, Will Bell rated it liked it Shelves: Rich Dad Poor Dad.
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Must read for anybody who invests, gambles or cares about history. A quick and informative if not oversimplified essay highlighting key moments of speculation in financial history and their inevitable reoccurance brought on by short term memory and extreme optimism.
When Breath Becomes Air.
When a financial innovation is new it usually means that a hype machine is forming and that a bubble is inflating. A Short History of Financial Euphoria.
Dispatched from the UK in 2 business days When will my order arrive? He taught at Harvard University for many years. Check out the top books of the year on our page Best Books of How to write a great review Do Say what you liked best and least Describe the author’s style Explain the rating you gave Don’t Use rude and profane language Include any personal information Mention spoilers or the book’s price Recap the plot.
Valbraith appreciate your feedback. The Making of Behavioral Economics. To see what your friends thought of this book, please sign up. He argues that financial memory is exceedingly short, rarely lasting more than 20 years. I do love JK Galbraiths ephoria writing style, his xhort and timbre make you not want to stop reading.