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Once Upon a Time There Was a Big Bubble

LewisBraham
in Other Investing
Good article if you have a subscription: https://nybooks.com/articles/2021/01/14/robert-shiller-narrative-economics-big-bubble/ I would recommend looking up Shiller's new book: Narrative Economics: How Stories Go Viral and Drive Major Economic Events

Comments

  • BenWPBenWP
    These ideas of Shiller's, especially about how we can be influenced by the beliefs of others, might fit into the other discussion going here, the one on the ARK portfolios.
  • LewisBraham
    Very true. There's a reason highly valued companies are often called "story stocks."
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