Jason Zweig @JasonZweig
·
Nov 25, 2014
Jason Zweig @JasonZweig
·
Nov 25, 2014
- Curated in Best Books For Investors: A Short Shelf
In this classic, first published in 1978, the late financial economist Charles Kindleberger looks back at the South Sea Bubble, Ponzi schemes, banking crises and other mass disturbances of purportedly efficient markets. He explores the common features of market disruptions as they build and burst. If you remember nothing from the book other than Kindleberger’s quip, “There is nothing so disturbing to one’s well-being and judgment as to see a friend get rich,” you are ahead of the game.
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