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The Myth Of The Rational Market: Wall Street's Impossible Quest For Predictable Markets (2009)

by Justin Fox(Favorite Author)
3.79 of 5 Votes: 5
ISBN
0060598999 (ISBN13: 9780060598990)
languge
English
publisher
Collins
review 1: This is a book of the academic history of the rational market theory. It is a very good book which goes into the development of the theory and how it was used in the market by money managers as well as the academics. It continues on to the present where the theory has lost its acceptance by much of the economic and finance community. You don't have to be a mathematician to understand this book and it does a very good job of telling how the theory developed and its impact on the stock market.
review 2: I found this book to be a serious primer on macroeconomic -- something that I could take notes on, refer back to, etc. An interesting read for an overview of what could be a dry subject. Feel I learned 2 years worth of econ research with this book, although I h
... moread to take a lot of notes and supplement my understanding by looking up details and overview of ideas and people on the internet. But Justin Fox is extremely readable and insightful. less
Reviews (see all)
Jen277
Four stars if you're into this sort of thing...the economics/finance nerd in me really enjoyed it.
Barry
Informative, peopled with lots of characters, but the pacing was very slow sometimes....too slow.
anni
Not really what I was looking for. This is more a history than anything.
nora6927
Great book! Really dispels the "efficiency" of the markets.
andreia
Essential.
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