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Shiller's book should be read by anyone with a serious interest in the functioning of markets.(Richard A. Grasso, President and Chief Operating Officer, New York Stock Exchange)
A specter haunts modern economics: 'individual stocks perform random walks in efficient markets, but the level of the whole market displays no demonstrable efficiency.' Bob Shiller is the key economist in this great debate. Buy his book and think on its contents. Learn what the October 1987 crash was all about.(Paul Samuelson, Institute Professor, MIT)
This book is not for every investor, since the contents are very theoritical and complicated. Unfortunately, even the book full of statistic/mathematic equation, the conclusion is... Read morePublished on January 18, 2010 by Mulia Santosa
I give this book 4/5 stars despite the fact that it appears to deserve full credit because a) I'm not smart enough to fully understand Shiller's work, and b) the average book... Read morePublished on April 23, 2009 by Jeff Borack