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.
"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.
Chosen by the Financial Times as Two of the Ten Best Books Ever Written on Investment
Critical Praise . . .
"This is the most important book ever written about crowd psychology and, by extension, about financial markets. A serious student of the markets and even anyone interested in the extremes of human behavior should read this book!" -Ron Insana, CNBC
"In combining 'Extraordinary' with 'Confusion,' the result is not extraordinary confusion. Instead, with clarity, the book sears into modern investor minds the dangers of following the crowd." -Greg Heberlein, The Seattle Times
"You will see between its staid lines (written in ye olde English and as ponderable as Buddha's navel) that, despite what the media says, nothing really important has changed in the financial markets in centuries." -Kenneth L. Fisher, Forbes
The publisher, John Wiley & Sons
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.
這本書一直是我數目上的必讀書,無奈之前隻有選譯本,沒有全譯本,最近齣瞭全譯本,我終於明白瞭為何它過去隻有節譯本 國內介紹這本書的時候,一般都作為金融經濟類的參考書,說它詳細地記錄瞭1636年荷蘭的“鬱金香瘋狂”、1720年英國的“南海泡沫”和1720年法國的“密西西比...
評分 評分群眾瘋狂乃人性的本質 書中介紹瞭三個故事:密西西比計劃、南海泡沫、鬱金香狂潮,最後一張羅列零碎的曆史片段,講述人類在恐懼之下如何作齣不理智的判斷。 令人難以置信的是,前兩個大眾狂熱故事的背後,竟然隱含著國傢級的財政計劃。當然,這種人為製造狂熱企圖化解經濟危機...
評分讀過前3章
评分讀過前3章
评分讀過前3章
评分瘋狂和不理性永遠不會從人性中消失。
评分瘋狂和不理性永遠不會從人性中消失。
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