About the Book: Riding The Roller Coaster: Lessons from financial market cycles
we repeatedly forget
Events spread over a period of five centuries and involving four continents;
vehicles of investment or speculation ranging from equity to fixed income to
derivatives to real estate to…hold your breath…tulip bulbs!
The market prices of instruments fluctuate wildly during these events, giving
rise to numerous theories on what could and should have been done to preempt
them. But why do these events keep recurring from time to time? Is it possible
to foretell such episodes? Can they really be preempted?
When such market tsunamis occur, large and small investors,