Spotting Financial Bubbles Before They Burst
A multi-disciplinary framework through which to spot financial bubbles before they burst.
Based on a popular undergraduate seminar, entitled Financial Booms & Busts, taught by the author at Yale University, Boombustology presents a multi-disciplinary framework for identifying unsustainable booms and forthcoming busts.
The magnitude of our recent financial crisis mandates a firm understanding of this phenomenon before the next crisis occurs. Boombustology provides an in-depth look at several major booms and busts and offers a solid framework for thinking about future occurrences.
Praise for Boombustology
“By employing an unusually diverse set of perspectives to increase understanding of the character of financial crises, Mansharamani gives his readers a valuable set of guideposts to help them find a safe path through future market disruptions.” —David F. Swensen, Chief Investment Officer, Yale University
“Asset class bubbles are by far the most important events in the life of both stock markets and economies. Boombustology is a comprehensive, informative, and entertaining look into how bubbles form, what really constitutes a bubble, and, critically, the causes and circumstances of bubbles breaking. It is essential reading for any bubbliophile.”—Jeremy Grantham, Co-founder and Chief Investment Strategist, GMO
Vikram Mansharamani is an experienced global equity investor based in Boston, Massachusetts. He is also a lecturer at Yale University where he teaches a popular seminar called “Financial Booms and Busts.”