The Arrogance Cycle: Think You Can't Lose, Think Again

The Arrogance Cycle: Think You Can't Lose, Think Again

by Michael Farr
     
 

What is the arrogance cycle? We've just lived through it. As market bubbles build, our confidence level rises (dis)proportionately. Everyone wants in on the action. We want to believe Wall Street, and once we do, the inevitable happens. The only problem was that it was all artificial. In The Arrogance Cycle, Farr examines the forces at work on individuals and markets… See more details below

Overview

What is the arrogance cycle? We've just lived through it. As market bubbles build, our confidence level rises (dis)proportionately. Everyone wants in on the action. We want to believe Wall Street, and once we do, the inevitable happens. The only problem was that it was all artificial. In The Arrogance Cycle, Farr examines the forces at work on individuals and markets and explains in clear, concise layman terms how we got to where we are.

Editorial Reviews

From the Publisher
Michael 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. —Tucker Carlson "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

Product Details

ISBN-13:
9780762764358
Publisher:
Rowman & Littlefield Publishers, Inc.
Publication date:
09/01/2011
Edition description:
First Edition
Pages:
256
Product dimensions:
6.10(w) x 9.10(h) x 1.10(d)

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