Looking for books on Bubbles - in recent memory.

[siddharth18]

Hey guys!

 

I'm looking for books about Bubbles, Euphorias and Manias of recent history. I've read The Big Short and really enjoyed it.

 

I'm primarily looking to read about the Internet Bubble and the Junk Bond Bubble - if you have any suggestions about the books - please shout out!

 

Cheers.

 

[Parsad]

Hi!  Have you checked our "Books" board.  There's probably a couple of books in there that cover or relate to what you are looking for.  Cheers!

[Packer16]

There is a book called "The Internet Bubble" by the guys who used to publish the The Red Herring magazine which provides a pretty good narrative of the times.

 

Packer

[Guest]

a short history of financial euphoria by Galbraith was pretty good.

[siddharth18]

Thanks for the info guys! Just ordered both.

[vinod1]

Here are two books

 

1. Bull! A History of the Boom, 1982-1999 by Maggie Mahar - Also recommended by Buffett

 

2. Origins of the Crash: The Great Bubble and Its Undoing by Roger Lowenstein

 

Vinod

[stylized_fact]

At a more technical and theoretical (scholarly?) level, there's the work of Princeton Economist Markus Brunnermeier:

http://scholar.princeton.edu/markus/

 

whose work covers bubbles as well as financial crises and systemic risk.  The writing isn't nearly as entertaining or readable as Michael Lewis or George Loewenstein, unfortunately.

 

There's also some discussion of Soros's reflexivity idea in Andrei Shleifer's book Inefficient Markets.

 

Animal Spirits by Akerlof and Shiller is interesting.

[Kraven]

About the junk bond bubble - Predators Ball and Barbarians at the Gate are both good.

[jberkshire01]

Manias, Panics, and Crashes: A History of Financial Crises

 

Devil Take the Hindmost

 

A Short History of Financial Euphoria

 

Tulipmania

 

Panic of 1819

 

The Panic of 1907

 

The Great Crash of 1929

 

The Go-Go Years

 

Bull: A History of the Boom and Bust, 1982-2004

 

Speculative Contagion

 

Mr. Market Miscalculates

 

A Decade of Delusions

[ragnarisapirate]

There was a bit in margin of safety on junk bonds and such, as I recall. It may not be what you are looking for, but is a great read.

[Guest deepValue]

I second the recommendation of Mr. Market Miscalculates, along with the rest of Jim Grant's books.

[siddharth18]

Wow guys, thank you for being so generous!  ;D

[jay21]

I liked the End of Wall Street

[Morgan]

Gustave Le Bon's The Crowd: A Study of the Popular Mind.

 

This isn't as much as history of bubbles (let alone recent bubbles), but a primer on mass psychology. It talks about how crowds form, think and how leaders are selected, etc. It's still applicable to modern times as humans haven't changed much in the last 100 years. You can probably get a used copy on Amazon for a few dollars. I found it to be worth my time to read it.