The author won a Nobel Prize in economics, but the book itself was kind of a bust. The content was all historical and the author used this historical data to "predict" and explain why the stock markets have taken downturns, and then basically said "See, I told you so". Most people can "predict" when an event is going to happen after the fact, so the book's only value to me was providing some well thought out reasons for the various past stock market downturns. The book would have been of more value if it provided insights into future trends.
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