I’ve posted Entry #221 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called You Need to Read Irrational Exuberance Four Times to Pick Up on All Its Insights.
Juicy Excerpt: I remember the second time I read Irrational Exuberance. I was at the beach with my family. Shiller’s words were hitting with as much power as they did the first time I read the book several years earlier. I kept interrupting my wife’s reading of her own book to express my amazement over the experience. It was as if I had never read the book before. It was a strange experience.