Toward Rational Exuberance

Discover the captivating history behind the transformation of the stock market from an insiders' game to a critical component of the modern economy. B. Mark Smith, a professional stock trader, delves into the fascinating story of this stunning evolution, including the colorful personalities, dramatic events, and revolutionary ideas that drove its growth. Gain a comprehensive understanding of popular theories of stock market behavior, while also learning about faulty interpretations that may lead investors astray. In the timely and definitive Toward Rational Exuberance, Smith provides a must-read for understanding the market's true history and debunking dangerous myths.