Book recommendation: Mr. Market Miscalculates

[lennie_88]

This book by James Grant is a collection of commentaries from Grants Interest Rate Observer from around 2000-2008.  Anyone interested in learning more about the root causes of the credit bust and past financial panics will love this book. It is amazing how much of these problems Grant foresaw! There are also speeches that he gave to value investor audiences like Third Avenue and Fairfax (it appears that maybe they got their CDS idea from Grant?).

 

If I was not so cheap I would definitely subscribe to his publication after reading this book.

 

Brian

 

[Eric50]

I read the book too and I subscribe to Grant's letter. He is really really good and I think the $800 subscription fee is really worth it. I've already made my money back several times with some of the ideas that he generated.

 

Eric

[Daytripper]

I just read the book 2 months ago, priceless.