From a recent review of “Mobs, Messiahs and Markets”

It was an excellent read, similar in some respects to one of my all-time favorite investment

books: Extraordinary Popular Delusions and the Madness of Crowds delves into human psychology and crowd behavior. Mobs, Messiahs & Markets is like a modern-day version with emphasis on investing and explores popular delusions like “real estate never goes down”, “stocks always go up”, “deficits don’t matter”, “you are either with us or against us”. When rational, intelligent human beings become part of a group, they are fine. However, as soon as they become part of a crowd, they lose all rationality and turn into blockheads! I found the book quite entertaining, with great wit and sarcasm to keep me amused. The book talks about people who were determined to make the world a better place by making it conform to their delusions. People like Hitler for example! The authors also talk about how crowd think leads to wars and how wars are futile and never worth the cost. There’s also a complete chapter making fun of Thomas Freedman and his banal book “The World is Flat”. I never liked that book and apparently neither did the authors. There’s also a full chapter devoted to Alan Greenspan which was particularly eye-opening….”

My Comment

There. That’s what I like to hear.  And I’d like it even more if you decided to buy our book off this website, thus giving me a few measly pennies, via Amazon. I don’t need to  mention that this will not support me in my old age, but it will make me feel appreciated and more inclined to take the sticks and kicks of public bloggery.