We endured famines, smallpox outbreaks, dust bowls, massive earthquakes, and deadly hurricanes. Periods of high inflation and deflation came and went. The great depression crippled the nation. In prior history, atomic bombs exploded on Japan. Creating the largest daily percentage drop ever. This book is definitely not for sissies, but if you are serious about seeing the stock market from a different perspective, you should read The Ecstatic Stock Market. If you can only manage to read one section of the book, then I would suggest reading part four. The practical applications in part four of the book are a great way to close out The Ecstatic Stock Market. If you have only ever thought about the stock market as a complex system that very few can understand then perhaps you need to pick up a copy of this book. If you decide to read The Ecstatic Stock Market, I suggest you set aside some time to focus on its contents. You cannot read this book while you are watching television or doing other things. I believe you can get a lot out of this book if you have the time to digest its contents. Like me, you might need to read some sections more than once, but it is worth the read. My head is still spinning from reading The Ecstatic Stock Market, but I believe I am slowly understanding what the author is trying to convey. David Rasmussen has packed a lot of valuable information into the two hundred plus pages of The Ecstatic Stock Market. The author tries to distill the complex system of the stock market down to a few simple steps that most people can relate to.
The Ecstatic Stock Market is divided into four parts: prediction for the equity market for the next 30 years thinkers who arrived at similar conclusions, the author’s interpretation of the message beyond stock market practical applications. In The Ecstatic Stock Market, the author sets out to show that there is enough data, computer power, and understanding of complex systems to unlock the simplicity of the stock market. I cannot imagine saying ecstatic and stock market in the same sentence with a straight face, but David Rasmussen seems to believe they belong in the same sentence. So, to alleviate my fears, I have decided that I want to learn all I can about the stock market. The mere mention of the word stock market drives fear into the heart of many persons, including me.
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