Summaries of books by B. Mark Smith:
Toward Rational Exuberance
The Evolution of the Modern Stock Market
B. Mark Smith
The book traces the development of the stock market from its early days to the late 20th century, examining the changes in trading practices, regulatory frameworks, and technological advancements. It provides an analysis of how these factors have shaped investor behavior and market dynamics, leading to periods of both stability and volatility.
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The Equity Culture
The Story of the Global Stock Market
B. Mark Smith
The book delves into the history and evolution of stock markets around the world, tracing their impact on global economies and societies. It examines the rise of shareholder value as a central business tenet and explores the cultural shifts that have accompanied the proliferation of equity investment.
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