Panics, mania’s, and extremely volatile market movements are not a new phenomenon. Time and again, these periods of uncertainty are repeated in history and woven together by common threads. In his book, ‘Manias, Panics, and Crashes: A History of Financial Crises’, Charles P. Kindleberger lays bare these common threads and offers some valuable lessons for surviving financial crises.
Why you should read this book
- It gives you a chance to learn from history
- It can help you identify market cycles
- It can help you avoid market bubbles
- It can make you a better investor