Chasing the Fool : The Dangerous Financial Engine Behind Every Speculative Bubble.DE

Language: English

Published by Epubli, 2026

3565268573 / 9783565268573

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - Throughout history, intelligent people have paid millions for seemingly worthless assets-from 17th-century tulip bulbs to digital jpegs of monkeys. This irrational behavior defies traditional economic models, which assume an asset's price is based on its intrinsic value. Instead, these markets are driven entirely by a dangerous psychological mechanic known as the Greater Fool Theory.This behavioral finance guide unmasks the true architecture of a speculative bubble. Investors buy an overvalued asset not because they believe it is actually worth the asking price, but because they are convinced they can find a 'greater fool' to buy it from them at an even higher price tomorrow. It is a massive, decentralized game of financial musical chairs.By tracking the anatomy of manias-from the South Sea Bubble to the modern crypto crashes-the book explains how greed, social proof, and fear of missing out completely override mathematical logic. You will see how the music always stops when the supply of new fools dries up.Protect your portfolio from the madness of crowds. Learn to distinguish between investments based on genuine cash flow and gambling disguised as financial strategy.

Seller Inventory # 9783565268573

Title
Chasing the Fool : The Dangerous Financial Engine Behind Every Speculative Bubble.DE
Author
Victor Thorne
Publisher
Epubli
Publication year
2026
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3565268573
ISBN 13
9783565268573
Item weight
404 grams
Dimensions
297x210x9 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

Item30 to 40 business days7 to 14 business days
First itemUS$ 71.90US$ 83.49
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