“Over 50 percent of the American public own stocks directly or indirectly, meaning that the financial well-being of tens of millions of people is directly tied to the market”
Mark Smith
Towards Rational Exuberance | B. Mark Smith
Towards Rational Exuberance is Mark Smith’s story of how the stock market made its stunning transformation from a very private, closed industry into the widely discussed and openly invested in asset that it is today. He covers the history of the stock market and explains some of the biggest bubbles and market crashes we have seen.
As a professional stock trader with over 20 years experience, Smith explains some of the biggest misconceptions people have about the stock market and investing in general. There are many theories of stock market behaviour, many of which are simply ridiculous and lead investors astray. Smith explains how professional traders have been able to cash in on this, and how modern investing knowledge and simple techniques can overcome this to provide safe and efficient investments for everyone.
Check it out on Amazon here


Captain FI is a Pilot based in Sydney, Australia and is passionate about Financial Independence. He writes about Personal Finance and his experiences becoming an investor on track to retire by 30. More about Captain FI