Download or read book The Arrogance Cycle written by Michael K. Farr and published by Globe Pequot. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the arrogance cycle? We've just lived through it. As market bubbles build, our confidence level rises (dis)proportionately. Everyone wants in on the action. We want to believe Wall Street, and once we do, the inevitable happens. The only problem was that it was all artificial. In The Arrogance Cycle, Farr examines the forces at work on individuals and markets and explains in clear, concise layman terms how we got to where we are.