One of my favorite books is Extraordinary Popular Delusions and the Madness of Markets, published in 1841, and it chronicles how market mistakes form and grow, using the South Sea Bubble and the Tulip Bulb Craze as illustrative examples.
Damodaran’s post on when crowds are wise and when they are mad. He writes the title as "the Madness of Markets"; the book is Charles Mackay’s Extraordinary Popular Delusions and the Madness of Crowds.
Meir Statman, one of my favorite behavioral economists, has written a great book on how investors can overcome their base urges and make better decisions:
The closing paragraph of Damodaran’s post on what behavioural economics offers value investors; the Amazon link that follows is to the book.
Investment Philosophies (Wiley, 2nd Ed): This is the best book for this class, and provides background and evidence for each investment philosophy, with a listing of the personal characteristics that you need to make that philosophy work for you.
Damodaran opens his spring classes to the public and lists the books behind each one. This is his own book.
Applied Corporate Finance (Wiley, 4th Ed): This is the book that is most closely tied to this class and represents my views of what should be in a corporate finance class most closely.
Damodaran opens his spring classes to the public and lists the books behind each one. This is his own book.
Every entry is a verbatim quote and a link to the public post it came from. Nothing is paraphrased. If it is not on record somewhere public, it is not here.
The verdict is what they actually said: loved and liked are explicit; recommended means they told others to get it; uses means they only say they use it; read is a book on their public shelf with no verdict; mixed and disliked are kept too.
A dashed affiliate link, sponsored or their own label means the post disclosed a relationship. It is shown, never hidden.
The shading behind a date shows how dated a recommendation is for its kind of thing.
The shading behind a date shows how dated a recommendation is, for its kind of thing. Fully green is recent. It drains a quarter at a time as the post gets older, and is empty once it reads as dated.
What counts as old depends on the thing. A laptop praised four years ago has been replaced twice; a book loved twenty years ago is probably still loved. The shading is gone after about:
Hardware, services4 years
Software5 years
Podcasts, courses, other8 years
Books25 years
Stripes mean the post carries no date and the date shown is an estimate. No date at all, no shading.