|
|
 |
|
|
Book Review of “Irrational Exuberance” by Robert Shiller
|
|
|
|
|
|
|
|
|
|
The following document can be e-mailed to you TODAY! |
|
Economic Theories research papers
|
|
|
|
|
|
 |
|
[
send me this term paper
] |
|
This is a 5 page book review of Robert Shiller’s “Irrational Exuberance” (2000). The publication of Robert Shiller’s book “Irrational Exuberance” in 2000, took investors by surprise as it was a criticism and analysis of the recent increased trends in the stock markets. Essentially, Shiller states that the increase in the stock markets is a result of several cultural, sociological and psychological elements and not based on an increase of “real value”. He admits that there are many factors involved, including the introduction of the Internet into American homes and an increased awareness of the stock market in the media, but he ascertains that the real increase in based on the “herding” effect of social rational humans who follow popular trends. Despite the increase in the markets, Shiller cautions investors to keep their portfolios diversified and not dependent on the stock market because based on past historical increases in the market, this increase will also be followed by a decade of mediocre returns. Because of this good advice and words of caution, the book is considered worthwhile to read especially for anyone considering loading their investments into the stock market.
Bibliography lists 4 sources.
|
|
Pages:
5
|
|
Filename:D0_TJShill1.rtf |
|
Paper Title:
Book Review of “Irrational Exuberance” by Robert Shiller
|
|
Is this paper the one?
Click Here to Order It Now
Not sure if this paper is right for you, return back to Economic Theories Paper Search
|
|
|
If you still can't locate an Essay or Term Paper on your topic,
one of our professional writers can assist you with a Brand New
model Term Paper or Essay written specifically on your topic
as quickly as TODAY! |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|