Arrogance Cycle
Think You Can'T Lose, Think Again
Published on 1. September 2011
Book
Hardback
256 pages
978-0-7627-6435-8 (ISBN)
Description
What is the arrogance cycle? We've just lived through it. As market bubbles build, our confidence level rises (dis)proportionately. Everyone wants in on the action. We want to believe Wall Street, and once we do, the inevitable happens. The only problem was that it was all artificial. In The Arrogance Cycle, Farr examines the forces at work on individuals and markets and explains in clear, concise layman terms how we got to where we are.
Reviews / Votes
Michael K. Farr's The Arrogance Cycle is not just a valuable story about investing today, but also lessons and principles rooted in human history that portend to how we live and life's outcome. Indeed, if our generation leaves our kids with this country's deficit, we will justifiably be judged history's most arrogant. -Michael Armstrong, former Chairman and CEO AT&T Michael Farr is one of the smartest people I know, and in The Arrogance Cycle he's put forward a terrifying thesis: Markets aren't always as rational as we assume. What can you do to protect yourself? Read it. This is a genuinely deep book. -Tucker Carlson "The Arrogance Cycle is a must read cautionary tale. The book provides important insights into not just how to be a better investor but, more importantly, the value of humility as a human virtue." -Robert S. Silberman, Chairman and CEO, Strayer UniversityMore details
Language
English
Place of publication
Old Saybrook
United States
Publishing group
Rowman & Littlefield
Weight
30 gr
ISBN-13
978-0-7627-6435-8 (9780762764358)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Michael Farr is President and majority owner of Farr, Miller & Washington, LLC. He is Chairman of the Investment Committee and is responsible for overseeing the day-to-day activities of the firm. Prior to founding FM&W, he spent six years with Alex. Brown & Sons where he was a Principal. He began his career in the financial industry at Wheat First Securities. In addition, Mr. Farr is a regular commentator and guest host for CNBC, CNN, Bloomberg, Reuters, and the Nightly Business Report. He is heard on Associated Press Radio, ABC Radio News, and National Public Radio. Mr. Farr is quoted regularly in the Wall Street Journal, Forbes, Fortune, Washington Post, USA Today, and many other publications. Mr. Farr is the Chairman of the Sibley Memorial Hospital Foundation. He also serves on the Board of Trustees at Sibley Hospital. His first book, A Million Is Not Enough was published in 2008