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Dot.Con John Cassidy

Dot.Con By John Cassidy

Dot.Con by John Cassidy


£3.50
New RRP £12.99
Condition - Very Good
Only 4 left

Summary

This work describes and explains the all-too-human behaviour of the stock market bubble: how it's going; how it has sustained itself for longer than expected; and then, just when people were starting to think it might not be a speculative bubble after all, went pop.

Dot.Con Summary

Dot.Con: Greatest Story Ever Sold by John Cassidy

This is a sceptical history of the internet/stock market boom. The author argues that the dot.com craze wasn't simply a stock market bubble; it was a social and cultural phenomenon driven by broad historical forces. Cassidy explains how these forces combined to produce the buying hysteria that drove the prices of loss-making companies into the stratosphere. Much has been made of the phrase irrational exuberance, but this text shows that there was nothing irrational about what happened. The people involved - fund managers, stock analysts, journalists and pundits - were simply acting in their own self-interest. Technology provided the raw material for the boom, but that is only part of the story. This book describes and explains the all-too-human behaviour of the stock market bubble: how it got going; sustained itself for longer than anybody expected; and then, just when people were starting to think it might not be a speculative bubble after all, went pop.

About John Cassidy

John Cassidy has written extensively on the economy for THE SUNDAY TIMES and recently as a staff writer for THE NEW YORKER. He lives in America.

Additional information

GOR001627777
9780713995985
071399598X
Dot.Con: Greatest Story Ever Sold by John Cassidy
Used - Very Good
Paperback
Penguin Books Ltd
20020131
400
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Dot.Con