{"product_id":"irrational-exuberance-revised-and-expanded-third-edition","title":"Irrational Exuberance: Revised and Expanded Third Edition","description":"\u003ch2\u003eThe Nobel Prize-Winning Warning That Predicted Every Major Market Crash\u003c\/h2\u003e\u003cp\u003eIn 2000, just before the dot-com bubble burst, \u003cstrong\u003eRobert J. Shiller\u003c\/strong\u003e published the first edition of \u003cem\u003eIrrational Exuberance\u003c\/em\u003e — a prescient warning that stock markets were dangerously overvalued. The market crashed shortly after. In 2005, he warned about the housing bubble. It burst in 2008.\u003c\/p\u003e\u003cp\u003eNow in its landmark \u003cstrong\u003eRevised and Expanded Third Edition\u003c\/strong\u003e, this \u003cem\u003eNew York Times\u003c\/em\u003e bestseller from the \u003cstrong\u003eNobel Prize-winning economist\u003c\/strong\u003e has been updated to cover the bond market, new asset classes, and the psychological forces driving today's markets to potentially dangerous heights once again.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003e\"One of the most important books on investing ever written.\"\u003c\/strong\u003e — \u003cem\u003eFinancial Times\u003c\/em\u003e\u003c\/p\u003e\u003ch3\u003eWhat Irrational Exuberance Reveals\u003c\/h3\u003e\u003cul\u003e\n\u003cli\u003eWhy stock, bond, and real estate markets are driven by psychology and narrative — not just fundamentals\u003c\/li\u003e\n\u003cli\u003eThe CAPE ratio (Cyclically Adjusted Price-to-Earnings) — Shiller's famous valuation tool used by investors worldwide\u003c\/li\u003e\n\u003cli\u003eHow media, culture, and herd behavior amplify market booms and busts\u003c\/li\u003e\n\u003cli\u003eWhy \"this time is different\" is the most dangerous phrase in investing\u003c\/li\u003e\n\u003cli\u003eWhat history tells us about where today's markets may be headed\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch3\u003eWho This Book Is For\u003c\/h3\u003e\u003cp\u003eInvestors, economists, finance professionals, and anyone who wants to understand the true forces behind market movements. Essential reading alongside \u003cem\u003eManias, Panics and Crashes\u003c\/em\u003e and \u003cem\u003eThe Big Short\u003c\/em\u003e.\u003c\/p\u003e\u003cp\u003eThis is the book that Wall Street's smartest investors keep on their desk — not as a prediction, but as a reminder of what markets are really made of: human psychology.\u003c\/p\u003e\u003cp\u003e📦 \u003cstrong\u003eOrder now — delivered anywhere in Pakistan!\u003c\/strong\u003e\u003c\/p\u003e","brand":"axisbookspk","offers":[{"title":"Default Title","offer_id":54060734939331,"sku":null,"price":800.0,"currency_code":"PKR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0637\/9651\/0915\/files\/image_28eea2b6-f0b4-4047-9306-851a7f52a837.png?v=1785741823","url":"https:\/\/axisbookspk.com\/products\/irrational-exuberance-revised-and-expanded-third-edition","provider":"AXISBOOKS","version":"1.0","type":"link"}