• book
    0% of The Myth of the Rational Market completed

From the Publisher

“Do we really need yet another book about the financial crisis? Yes, we do—because this one is different….A must-read for anyone who wants to understand the mess we’re in.”
—Paul Krugman, New York Times Book Review

 

“Fox makes business history thrilling.”
St. Louis Post-Dispatch

 

A lively history of ideas, The Myth of the Rational Market by former Time Magazine economics columnist Justin Fox, describes with insight and wit the rise and fall of the world’s most influential investing idea: the efficient markets theory. Both a New York Times bestseller and Notable Book of the Year—longlisted for the Financial Times Business Book of the Year Award and named one of Library Journal Best Business Books of the Year—The Myth of the Rational Market carries readers from the earliest days of Wall Street to the current financial crisis, debunking the long-held myth that the stock market is always right in the process while intelligently exploring the replacement theory of behavioral economics.

Topics: Wealth, Stock Market, Capitalism, Politics, Economy, Statistics, Informative, Philosophical, and Essays

Published: HarperCollins on
ISBN: 9780061885709
List price: $11.99
Read on Scribd mobile: iPhone, iPad and Android.
Availability for The Myth of the Rational Market by Justin Fox
With a 30 day free trial you can read online for free
  1. This book can be read on up to 6 mobile devices.

Related Articles

Nautilus
8 min read

To Become a Better Investor, Think Like Darwin

The conventional wisdom of how most of us should invest our money is clear—avoid paying high fees to money managers for their supposed stock-picking expertise. In fact, steer clear of single stocks altogether, and simply buy “the market,” meaning an exchange-traded or mutual fund that passively tracks the performance of the entire stock market. And, maybe most important, focus on the long run, by holding investments through their ups and downs rather than trying to time the market by buying low and selling high—too tricky to do, say the experts. This is good advice, as far as it goes. (And, f
Entrepreneur
2 min read

The Right Way to Adjust Your Prices

"What the hell is going on with your pricing?" my colleague asked during a once-over of a proposal I was about to send out. I began to stutter an apology. I knew my pricing had been too high. But then … the shocker: "Honey, your pricing is way too low." Too low? Bollocks. This is what I'd been charging for the past year. After further phone debate, I revised my rate upward, then cringed as I sent the proposal. Less than a day later, my client sent it back, signed and with a deposit. I raised my prices and earned the business? Yup. A few of you might also need a good smack on the pricing front.
New York Magazine
2 min read

So How Has the Trump Presidency Affected Property Values?

“MOST OF HIS properties were built in the late ’80s and early ’90s as luxury buildings, but what defined luxury then is not what defines luxury now. So the buildings from that era—Trump Palace, Trump International, Trump Parc—are on the upper end of the mid-tier or at the lower end of luxury. That means that they’re actually positioned well in terms of what’s selling now. But for Trump Tower, where you have to go through security to get to the front door, this might become an issue. The rental market is much more responsive to outside changes [like Trump’s becoming president] because of faster