Description
This book is a nonfiction work by Vikram Mansharamani that explores the warning signs of financial bubbles. It provides a framework for understanding how to spot the irrational exuberance that leads to market crashes. The author argues that bubbles are not just financial phenomena but can be found in a variety of industries, from housing to technology.
The book’s purpose is to help readers, from everyday investors to financial professionals, to become more aware of the signs of impending market instability. It is a guide for making more informed decisions by recognizing patterns of behavior that lead to economic busts.