oter

Economists struggle to predict market movements from "summary" of Irrational Exuberance by Robert J. Shiller

The stock market is a complex system that even the most seasoned economists struggle to understand. The movements of the market are often unpredictable and irrational, driven by a myriad of factors that are difficult to quantify or anticipate. Economists rely on historical data and mathematical models to make predictions about market movements, but these tools are limited in their ability to account for the unpredictable nature of human behavior. Market participants are influenced by emotions, biases, and other psychological factors that are not easily captured in economic models. In his book, 'Irrational Exuberance', Robert J. Shiller discusses how economists have traditionally failed to accurately predict market movements. The stock market is a complex ...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Money is an emotional subject
    Money is an emotional subject
    Money is a topic that elicits a wide range of emotions from people. It can cause feelings of anxiety, fear, excitement, pride, ...
    Performance measurement is essential to evaluate managers
    Performance measurement is essential to evaluate managers
    Performance measurement plays a crucial role in evaluating the effectiveness of managers within institutional investment manage...
    Rich dad focuses on acquiring assets
    Rich dad focuses on acquiring assets
    Rich dad's philosophy revolves around the idea that one should focus on acquiring assets rather than liabilities. According to ...
    Comparing yourself to others financially leads to unhappiness
    Comparing yourself to others financially leads to unhappiness
    It's easy to fall into the trap of comparing your financial situation to that of others. Social media, advertising, and even co...
    Hope for a better future through collective action
    Hope for a better future through collective action
    The idea of coming together to create a brighter tomorrow is a central theme in "The Great Unraveling" by Paul R. Krugman. It e...
    Mental accounting can impact investment strategies
    Mental accounting can impact investment strategies
    Mental accounting refers to the tendency for individuals to mentally categorize their money into separate accounts based on var...
    Consumer spending declined
    Consumer spending declined
    The decline in consumer spending was a pivotal factor in the economic downturn of 1929. As people began to lose confidence in t...
    Saving and investing are habits that can be developed over time through consistency
    Saving and investing are habits that can be developed over time through consistency
    The idea that saving and investing can become ingrained habits is a powerful one. It shows that financial success is not just a...
    The impact of peer pressure on our spending habits
    The impact of peer pressure on our spending habits
    Peer pressure is a powerful force that can influence our spending habits in significant ways. We are social beings, and we ofte...
    Don't underestimate the impact of luck
    Don't underestimate the impact of luck
    The idea that luck plays a significant role in our lives is one that is often overlooked. It can be easy to attribute success s...
    oter

    Irrational Exuberance

    Robert J. Shiller

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.