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| 1. | would you sell at ANY price? |
| (Memphis, TN United States) May 21, 2000 - 5.0/5 stars |
| Shiller's historical review of markets brings the reader to the question:
Is there such a thing as too high a price? Many investors today believe
there is not -- in fact, it has become the conventional wisdom. "Buy
... read full review |
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| 2. | Thoroughly Engaging Book |
| (Ottawa, Canada) September 21, 2001 - 5.0/5 stars |
| "Irrational Exuberance" is indeed a broad study, and (often
painfully) detailed as well. Prof. Shiller's approach to the subject is
intelligent, academic, and balanced. The "market" require too
much... read full review |
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| 3. | A rational voice in the wilderness |
| (New York, NY) April 5, 2000 - 5.0/5 stars |
| Shiller's book speaks the truth. The long-run argument for stocks is based
on a period where the average P/E was (on Shiller's scale) about 15, and
the high was in the low 30s (at which point stocks, even in this... read full review |
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| 4. | A Cautionary View of the Stock Markets. |
| (Eastchester, New York) May 10, 2000 - 5.0/5 stars |
| In this well-researched book, Robert Shiller explains how investors are led
to speculate as if in the new economy there is no risk of a downturn.He
presents plenty of evidence to show how mass psychology and behavior have... read full review |
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| 5. | Packed With Knowledge! |
| (Luzern Switzerland) April 11, 2001 - 5.0/5 stars |
| Shortly after a briefing by author Robert Shiller, Alan Greenspan warned
the country about the "irrational exuberance" pushing stock prices
excessively high. The year was 1996 and, in hindsight, it's clear that the
bull... read full review |
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| 6. | A Profoundly Important Book?More Topical Then Its 1st Day! |
| (Las Vegas, NV USA) January 22, 2001 - 5.0/5 stars |
| The bearer of bad news in society, in a company, in a group is most of the
time treated badly. This rule of human nature shows up in many of the
previous reviews of this book. Given the decline in the equity markets
since... read full review |
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| 7. | More Pertinent Than Ever |
| (USA) March 23, 2001 - 5.0/5 stars |
| New Haven's Robert J. Shiller, is a highly regarded expert on market
volatility. Shiller chose Alan Greenspan's term "irrational
exuberance" for the title of this book alluding to the trend of stock
market highs... read full review |
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| 8. | Right ON!! |
| (Sugar Land, Texas United States) December 17, 2002 - 5.0/5 stars |
| As a insurance agent dealing with the public everyday, Robert Shiller has
hit it right on. The 401k, new era thinking, and ponzi scheme like
returns by new money coming in so fast, thus driving up returns
artifically,... read full review |
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| 9. | Right on the money 3 years later. |
| (Sugar Land, Texas United States) May 28, 2003 - 5.0/5 stars |
| This is a treaty on Behavioral Finance. Shiller makes a strong case that
markets are not efficient, but respond to crowd psychology. Shiller
rebuts the Efficient Market Hypothesis. He has analyzed many U.S. stock
market... read full review |
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| 10. | Learn the Arguments |
| (Andover, MA USA) March 29, 2000 - 5.0/5 stars |
| This book is a superb exposition of the state of today's stock market. I
cannot recommend it too highly. It is an excellent and readable blending
of modern finance and behavioral finance set in historical context... read full review |
