DOT.CON: THE REAL STORY OF WHY THE INTERNET BUBBLE BURST (En papel)
JOHN CASSIDY,
PENGUIN, 2003
ISBN 9780141006666
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Datos del libro
- 13.0x20.0cm.
- Nº de páginas: 256 págs.
- Editorial: PENGUIN
- Lengua: INGLÉS
- Encuadernación: Tapa blanda bolsillo
- ISBN: 9780141006666
- Año edicón: 2003
- Plaza de edición: LONDON
Sinopsis
This is a sceptical history of the internet/stock market boom. John Cassidy argues that what we have just witnessed wasn´t simply a stock market bubble; it was a social and cultural phenomenon driven by broad historical forces. Cassidy explains how these forces combined to produce the buying hysteria that drove the prices of loss-making companies into the stratosphere. Much has been made of Alan Greenspan´s phrase "irrational exuberance", but Cassidy shows that there was nothing irrational about what happened. The people involved - fund managers, stock analysts, journalists and pundits - were simply acting in their own self-interest.Technology provided the raw material for the boom, but that is only part of the story. "Dot.con" describes and explains the all-too-human behaviour of the stock market bubble: how it got going; sustained itself for longer than anybody expected; and then, just when people were starting to think it might not be a speculative bubble after all, went pop.
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