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, ...
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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.
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Add this copy of Dot. Con: Greatest Story Ever Sold to cart. $15.15, good condition, Sold by Goldstone Books rated 4.0 out of 5 stars, ships from Ammanford, CARMS, UNITED KINGDOM, published 2002 by Allen Lane.
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Add this copy of Dot. Con: Greatest Story Ever Sold to cart. $16.99, very good condition, Sold by Brit Books rated 4.0 out of 5 stars, ships from Milton Keynes, BUCKINGHAMSHIRE, UNITED KINGDOM, published 2002 by Allen Lane.
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Add this copy of Dot. Con: Greatest Story Ever Sold to cart. $38.62, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2002 by ALLEN LANE.