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3px}.a-box.btfCollapseBox{margin-bottom:17px}.btfCollapse div#aboutThisItem_boxGroup{margin-bottom:42px}.a-row.a-spacing-null.celwidget.btfCollapse{margin-top:42px}#display-selector .btfCollapse{margin-top:21px}#displaySelector_feature_div #display-selector .btfCollapse h3{font-weight:700!important;margin-bottom:0}.btfCollapseBox #featureBulletsAndDetailBullets_feature_div::before{padding-top:0!important}.btfCollapse div::before{border-top:0!important;padding-top:0!important}#displaySelector_feature_div #display-selector .btfCollapse .a-box-group .a-box{border:.1rem #ddd solid}.btfCollapse div#importantInformation_feature_div{margin-top:0!important}#displaySelector_feature_div #display-selector .btfCollapse .a-box-inner .a-declarative .a-box-inner{padding:0!important}#displaySelector_feature_div #display-selector .btfCollapse .a-box-inner{padding:1.3rem 1.7rem 1.2rem!important}.warningAlertImage{background-position:-283px 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.brandByineCaret{margin-right:15px}#energyEfficiencyLabel{width:92px;height:47px}.energyEfficiencyArrow{width:70px;height:42px;margin-right:42px;line-height:42px;font-size:30px}.energyEfficiencyArrow:after{border-top:21px solid transparent;border-left-width:20px;border-bottom:21px solid transparent}.energyEfficiencyTextPlacement{left:4px;top:1px}.energyEfficiencySymbol{top:-4px;font-size:2.1rem!important}.noBottomMargin{margin-bottom:0!important}.button-stack-getitby{text-align:left}.button-stack-swatchAlignCss{text-align:left;left:-4px}.button-stack-1ClickSwatch{padding-top:5px;margin-bottom:-11px!important}.button-stack-inline-buttons{margin-right:0!important;width:48.2%!important}.button-stack-getitby{margin-top:5px}.button-stack-quantityButtonSpacing{margin-bottom:21px!important}#locationUX span:active{color:#000!important}.button-stack-1ClickOptions-LeftColumn{display:inline-table;white-space:nowrap;margin-bottom:-2px;margin-right:4px}.button-stack-1ClickOptions-RightColumn{display:inline-table;white-space:nowrap}.button-stack-inline-container{display:-webkit-flex;display:flex;-webkit-flex-wrap:wrap;flex-wrap:wrap;margin-left:-12px;margin-bottom:-11px}.button-stack-itemLeft{-webkit-flex-grow:1;flex-grow:1;margin-left:12px;margin-bottom:3px!important}.button-stack-itemRight{-webkit-flex-grow:1;flex-grow:1;margin-left:12px}.button-stack-lightening-lux{margin-top:16px;margin-bottom:-8px}.button-stack-buttons-spacing{margin-bottom:12px!important}.buttonStackShareTap{margin-right:0!important}.buttonStackBTFAlpha hr{margin-bottom:0!important}.buttonStackBTFAlpha img{vertical-align:text-bottom}.weddingRegistryButtonAsLink{padding:0;background-color:#fff;border:0;cursor:pointer}.weddingRegistryButtonAsLink::-moz-focus-inner{border:0;padding:0}.weddingRegistryButtonAsLink .a-button-text{padding:0;background-color:#fff}.weddingRegistryButtonAsLink a:active{color:#000}.weddingRegistryButtonAsLinkText{color:#0066c0;font-size:1.3rem;display:inline-block}.weddingRegistryButtonAsLink.a-button-active .weddingRegistryButtonAsLinkText,.weddingRegistryButtonAsLink:active .weddingRegistryButtonAsLinkText{color:#000}.weddingRegistryButtonAsLink.a-button-focus,.weddingRegistryButtonAsLink.a-button:focus{border-color:#fff;box-shadow:0 0 0 0 rgba(255,255,255,255)}.horizontalLine{width:100%;height:1px;background-color:#e7e7e7;position:relative;top:12px;margin-bottom:20px}.caretVisibleRight{border-style:solid;border-width:0 10px 10px 10px;border-left-color:transparent;border-bottom-color:#e7e7e7;border-right-color:transparent;position:absolute;top:-12px;left:68%}.caretHiddenRight{border-style:solid;border-width:0 10px 10px 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bottom,rgba(255,255,255,0),#fff)}#aboutThisItem_cardDeck{margin-left:-1.4rem;margin-right:-1.4rem} #oneClickAvailable{margin-bottom:3px}#getItBy div{margin-top:3px!important}#swatches .a-declarative{margin-bottom:0!important}#oneClickAvailable .turbo-checkout-swipe-handle{background:url(data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI0OCIgaGVpZ2h0PSI0OCIgdmlld0JveD0iMCAwIDQ4IDQ4Ij48ZyBmaWxsPSJub25lIiBmaWxsLXJ1bGU9ImV2ZW5vZGQiPjxwYXRoIGZpbGwtb3BhY2l0eT0iLjAxIiBmaWxsPSIjRkZGIiBkPSJNMCAwaDQ4djQ4SDB6Ii8+PHBhdGggZD0iTS4xMzYgMzYuOTMzbDEyLjc3LTEyLjYyMmMuMTgtLjE3Ny4xOC0uNDQzIDAtLjYyTC4xMzYgMTEuMDY2Yy0uMTgtLjE3OC0uMTgtLjQ0NSAwLS42MjNsMi4zNTUtMi4zMWMuMTgyLS4xNzguNDUzLS4xNzguNjM1IDBsMTUuNzU4IDE1LjU1NWMuMTguMTc3LjE4LjQ0MyAwIC42MkwzLjEyNSAzOS44NjhjLS4xODIuMTc3LS40NTMuMTc3LS42MzQgMGwtMi4zNTQtMi4zMWMtLjE4LS4xOC0uMTgtLjQ0NiAwLS42MjR6bTE0LjQ5IDBsMTIuNzctMTIuNjIyYy4xOC0uMTc3LjE4LS40NDMgMC0uNjJsLTEyLjc3LTEyLjYyM2MtLjE4LS4xNzgtLjE4LS40NDUgMC0uNjIzbDIuMzU1LTIuMzFjLjE4Mi0uMTc4LjQ1NC0uMTc4LjYzNSAwbDE1Ljc2IDE1LjU1NWMuMTguMTc3LjE4LjQ0MyAwIC42MmwtMTUuNzYgMTUuNTU3Yy0uMTguMTc3LS40NTMuMTc3LS42MzQgMGwtMi4zNTQtMi4zMWMtLjE4LS4xOC0uMTgtLjQ0NiAwLS42MjR6bTE0LjQ5IDBsMTIuNzctMTIuNjIyYy4xODItLjE3Ny4xODItLjQ0MyAwLS42MmwtMTIuNzctMTIuNjIzYy0uMTgtLjE3OC0uMTgtLjQ0NSAwLS42MjNsMi4zNTYtMi4zMWMuMTgtLjE3OC40NTMtLjE3OC42MzQgMGwxNS43NTggMTUuNTU1Yy4xOC4xNzcuMTguNDQzIDAgLjYyTDMyLjEwNiAzOS44NjhjLS4xOC4xNzctLjQ1My4xNzctLjYzNCAwbC0yLjM1NS0yLjMxYy0uMTgtLjE4LS4xOC0uNDQ2IDAtLjYyNHoiIGZpbGw9IiNGRkYiLz48L2c+PC9zdmc+) center/35% no-repeat #E56B00}#oneClickAvailable .turbo-checkout-swipe-area-text{background:#F2AE5A}#oneClickAvailable .turbo-checkout-swipe-padding{padding:1.6rem 0!important}#oneClickAvailable .oneclick-swipe-preorder .turbo-checkout-swipe-handle{background-color:#808069}#oneClickAvailable .oneclick-swipe-preorder .turbo-checkout-swipe-area-text{background:#d7d5b3}.oneclick-guide{background:#d1f7e7;color:#002F36} Irrational Exuberance is more than ever a cogent, chilling, and astonishingly far-seeing analytical work that no one with any money in any market anywhere can afford not to read–and heed. Irrational Exuberance is not to help investors dump their houses before the current exuberance fades. Stock market data used in my book, Irrational Exuberance [Princeton University Press 2000, Broadway Books 2001, 2nd ed., 2005] are available for download, U.S. Stock Markets 1871-Present and CAPE Ratio. @-webkit-keyframes wiggle{from{-webkit-transform:translate3d(0rem,0,0);transform:translate3d(0rem,0,0)}to{-webkit-transform:translate3d(1.7rem,0,0);transform:translate3d(1.7rem,0,0)}50%{-webkit-transform:translate3d(3.4rem,0,0);transform:translate3d(3.4rem,0,0)}70%{-webkit-transform:translate3d(.85rem,0,0);transform:translate3d(.85rem,0,0)}90%{-webkit-transform:translate3d(2.55rem,0,0);transform:translate3d(2.55rem,0,0)}}@keyframes 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.climatePledgeFriendlyATF{color:#168342!important;text-decoration:none!important}.climatePledgeFriendlyAlignMiddle{vertical-align:middle}.climatePledgeFriendlyMarginLeft21px{margin-left:21px}.climatePledgeFriendlyMarginLeft10px{margin-left:10px}.climatePledgeFriendlyDesktopCard{margin-top:40px;margin-bottom:50px} We are sorry. “Robert Shiller has done more than any other economist of his generation to document the less rational aspects of financial markets.” — Paul Krugman --David Henry, USA Today "Irrational Exuberance is not billed as a personal finance book. .background_color_0{background-color:#4096EE}.background_color_1{background-color:orange}.background_color_2{background-color:green}.background_color_3{background-color:purple}#boost_feature_rank .image_background img{position:absolute;top:30%;left:30%;height:40%;width:40%}#boost_feature_rank .bfr_radioButtonDiv{height:96px}#boost_feature_rank .bfr_radio_button{top:50%;padding:0}#boost_feature_rank 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.feature-description-word-break-mobile{word-break:break-word} Everybody was dazzled by the impressive performance of the market, and nobody would dare to be against it, none but Dr. Robert Shiller did! Shiller highlights that we should not focus solely on factors that predominate the news to guide our valuations and expectations. 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(window.AmazonUIPageJS ? “The point of Like “Irrational exuberance is the psychological basis of a speculative bubble. hÞì}L×ýÙgçÎnJijŒi@k…b“Zs0̊èf¤ÔËZ'j\ãtkÑ4ڌMv½’ÉšB²¶.eÞÕê4†æ)Ѻάë„X¨¢’Ñ”m¥%)mڕEišíÝ{ï>¥“¶¿öG-ÞïýÞïûë=a t 諀"F`êÇÀ—éâþ‰ÌÄD}&3‘Ñ~ê3™ÛŸë?gŸÀ¸øۛ\+Èߝ« P'u/pÓÐa§yWЖd2¦õÔ{à þv\_×Øa6Ÿ«šÜô8õÓ¢¿±‚gû. It looks like WhatsApp is not installed on your phone. A lot has happened since then in financial markets. #product-image-gallery .image-gallery-tint{position:absolute;top:0;bottom:0;left:0;right:0;background-color:rgba(0,0,0,.02)}#product-image-gallery{margin-right:-1.4rem;margin-left:-1.4rem}#product-image-gallery .image-gallery-common-desktop-slot,#product-image-gallery .image-gallery-slot{position:relative;text-align:center}#product-image-gallery .product-image{max-height:400px}#product-image-gallery .image-gallery-common-desktop-slot{float:left;margin-left:14px;overflow:hidden;display:inline-block}#product-image-gallery .image-gallery-slot-row-of-two{width:48%}#product-image-gallery .image-gallery-slot-row-of-three{width:30.33333%}#product-image-gallery .product-image-row-of-two{height:400px;object-fit:contain}#product-image-gallery .product-image-row-of-three{height:330px;object-fit:contain} (window.AmazonUIPageJS ? 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.uss-c-head-sticky .uss-c-head-divider{width:100%}#uss-sheet-view{max-height:100%;overflow-y:auto;-webkit-overflow-scrolling:touch}.p13n-sc-atc-error,.p13n-sc-atc-success{padding-top:10px;min-height:39px} 21, 2012 with yet another market chiller, Irrational Exuberance was different well as professionals... { ( window.AmazonUIPageJS the `` psychological factors '' you will start to improve originally published February,! 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