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Extraordinary Popular Delusions and the Madness of Crowds

Charles Mackay




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 | #1490482 in Books |  Templeton Press |  1999-11-01 | Original language:English | PDF # 1 |  8.50 x1.80 x5.50l,2.60 | File type: PDF | 750 pages

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||146 of 148 people found the following review helpful.| Warning! Do Not Buy the WRONG Version of this Great Book|By Myopinion|A. Popular Delusions is a truly great book.
B. But be careful which of the many offerings you buy.

First off, many of the editions in are partial reprints of the original 1841 edition. Anything with 200 or so pages is badly incomplete. The book you want must have all 16 chapters.
|.com |Why do otherwise intelligent individuals form seething masses of idiocy when they engage in collective action? Why do financially sensible people jump lemming-like into hare-brained speculative frenzies--only to jump broker-like out of windows when their

Today, as in the time of the South Sea Bubble, human nature is drawn like a moth to flame by the speculative fads of the marketplace. The excitement of new glamour issues in electronics or medical technology, the general euphoria over a rising market; these lure even many experienced investors. Their optimism overcomes their better judgment. They abandon critical analysis of the investment's fundamental value. Like gamblers in a casino they play against the odds,...

You easily download any file type for your gadget.Extraordinary Popular Delusions and the Madness of Crowds   |  Charles Mackay. I was recommended this book by a dear friend of mine.

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