logo

PDF

play audio
Play Sample
00:00
00:00

Information

cover

Author: Robert J. Shiller

Narrator: Ryan

Format: MP3

IBSN: 9780767923637

Language: English

Publish Date: 15/03/2000

Audiobook length: 31 min

Contents

Chapter 1Overview
play audio
Play Sample
bookey
downAndUnlock
install code

Scan to Download

Chapter 2Structural Factors
play audio
Chapter 3Cultural Factors
play audio
Chapter 4Psychological Factors
play audio
Chapter 5Summary & Review
play audio

Readers Also Enjoyed Summary Audiobook
down

prev
The Boy in the Striped Pajamas

The Boy in the Striped Pajamas

Shatter Me

Shatter Me

The Giving Tree

The Giving Tree

100 Best-Loved Poems

100 Best-Loved Poems

Black Box Thinking

Black Box Thinking

Digital Fortress

Digital Fortress

next

Why listen to Irrational Exuberance

Listening to the summary audiobook of "Irrational Exuberance" by Robert J. Shiller offers a concise yet insightful exploration of the psychological and economic factors driving market bubbles and crashes. Shiller, a Nobel Laureate, masterfully dissects the irrational behaviors that lead to financial excesses, providing critical lessons for investors and policymakers alike. By distilling complex concepts into digestible segments, this summary equips listeners with the tools to recognize patterns in market behavior, fostering more informed decision-making in an often unpredictable financial landscape. Additionally, the audiobook format allows for easy consumption, making it accessible for those on the go.

Author : Robert J. Shiller

Robert J. Shiller is a professor of economics at Yale University. He won the 2013 Nobel Prize in Economics for his contribution to the "empirical analysis of asset prices." He served as Vice-Chairman of the American Economic Association in 2005 and Chairman of the Eastern Economic Association from 2006 to 2007. Professor Shiller specializes in Financial Economics and Behavioral Finance, which is an interdisciplinary subject of Finance and Psychology that attempts to reveal the irrational behaviors and decision-making laws in financial markets. The book Irrational Exuberance is a pioneering work of "Behavioral Finance."

Key Insights from Irrational Exuberance

  • Shiller argues that irrational exuberance can lead to market bubbles, driven by emotional reactions rather than fundamental values. He highlights the historical patterns of market fluctuations and the role of psychological factors in influencing investor behavior.
  • The book emphasizes the importance of behavioral finance, showcasing how investors often succumb to herd mentality and overconfidence. Shiller suggests that these irrational behaviors can create volatility and distort perceptions of market realities.
  • Shiller advocates for better understanding and regulation of financial markets to mitigate the impact of human psychology on economic stability. He believes that acknowledging the limits of rationality can lead to more informed investment decisions and policies.
logo

Brief In, Brilliance Out

Contact: buildlearn.bk@gmail.com