Extraordinary Popular Delusions and the Madness of Crowds
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Extraordinary Popular Delusions and the Madness of Crowds (English, Paperback, Mackay Charles)

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Extraordinary Popular Delusions and the Madness of Crowds  (English, Paperback, Mackay Charles)

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26 Ratings & 5 Reviews
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Highlights
  • Language: English
  • Binding: Paperback
  • Publisher: Wordsworth Editions Ltd
  • Genre: Reference
  • ISBN: 9781853263491, 9781853263491
  • Pages: 624
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  • Description

    Extraordinary Popular Decisions and the Madness of Crowds is often seen as the best book about market psychology.

    Summary of the Book

    This book includes Charles Mackay’s take on the three financial manias. All three of them make it clear to us that greed and fear have been the driving forces of financial markets for a long time. It also tells us that being sensible and clever is not always better in making it big in the market. Writing about the history of the financial manias has made Mackay a master recorder of the social and financial history. He has put together all the skills he has acquired and produced this informative and historical document. This book will help you ensure that you do not get dragged down when you decide to invest in the stock market.

    About Charles Mackay

    Charles Mackay was a Scottish poet, journalist, author, anthologist, novelist and songwriter. He is remembered mainly for his book Extraordinary Popular Delusions and the Madness of Crowds.

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    Specifications
    Book Details
    Imprint
    • Wordsworth Editions Ltd
    Dimensions
    Width
    • 31 mm
    Height
    • 198 mm
    Length
    • 129 mm
    Depth
    • 32 inch
    Weight
    • 384 gr
    Ratings & Reviews
    4.3
    26 Ratings &
    5 Reviews
    • 5
    • 4
    • 3
    • 2
    • 1
    • 14
    • 7
    • 3
    • 2
    • 0
    4

    EXTRAORDINARY POPULAR DELUSIONS AND THE MADNESS OF CROWDS

    As the preface of this book says, “In reading The History of Nations, we find that, like individuals, they have their whims and their peculiarities, their seasons of excitement and recklessness, when they care not what they do. We find that whole communities suddenly fix their minds upon one object and go mad in its pursuit; that millions of people become simultaneously impressed with one delusion, and run after it, till their attention is caught by some new folly more captivating than the fi...
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    faujifinance

    Feb, 2013

    6
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    5

    Change is Unchanging! History repeating itself.

    You can judge this book by its title. It is a classic effort detailing the follies of mass psychology. The author is successful in showing how a crowd of rational thinking people act completely irrationally as trends become popular and people are psyched to believe that they are the gospels of truth. The real life events in this book are the basis for the study of group dynamics and psychology. It is written in great detail, so for those who love studying and learning from history, this is gr...
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    Fyers Securities

    Dec, 2014

    1
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    2

    Slightly disappointed

    Hi, the book is in an average condition. It's crumbled in some places nd the cover page has chipped corners.

    Thank you.
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    Pravin Kumar

    Certified Buyer, Chennai

    Jul, 2017

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    3

    not for beginners

    Very heavy, not for starters, only for hard core economist aor psychologist
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    Anand Mishra

    Certified Buyer, Pune

    Dec, 2015

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    3

    Focus on the financial elements

    Don't buy this one if the goal is to read the whole work. I think if you just want to read about the financial bubbles, it isn't too bad. Some printing mistakes and the like, but not too shabby.

    The whole book (from which this is just an excerpt) is pretty good. Though an edition with commentary - given that Mackay is supposed to have exaggerated a little (check wiki) - would probably be better for a historical idea.
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    D b

    Certified Buyer

    Feb, 2012

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