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From the PublisherMichael K. Farr’s The Arrogance Cycle is not just a valuable story about investing today, but also lessons and principles rooted in human history that portend to how we live and life’s outcome. Indeed, if our generation leaves our kids with this country’s deficit, we will justifiably be judged history’s most arrogant.
—Michael Armstrong, former Chairman and CEO AT&T
Michael Farr is one of the smartest people I know, and in The Arrogance Cycle he’s put forward a terrifying thesis: Markets aren’t always as rational as we assume. What can you do to protect yourself? Read it. This is a genuinely deep book.
“The Arrogance Cycle is a must read cautionary tale. The book provides important insights into not just how to be a better investor but, more importantly, the value of humility as a human virtue.”
—Robert S. Silberman, Chairman and CEO, Strayer University