Endnotes

Chapter 1

Anna Robuck, “How Shark Week hurts the very creatures it celebrates,” Massive Science (July 25, 2017), www.massivesci.com.

Chapter 2

Ian Crouch, “Is Martin Short the Greatest Talk-Show Guest of All Time?” The New Yorker (March 7, 2018), www.newyorker.com. David Marchese, “In Conversation: Martin Short,” Vulture, www.vulture.com/2018/02/martin-short-in-conversation.html. Jerry Seinfeld, Is This Anything? (Simon & Schuster, 2020). Michael Bar-Eli, Ofer H. Azar, Ilana Ritovc, et al, “Action bias among elite soccer goalkeepers: The case of penalty kicks,” Journal of Economic Psychology (2007), pluto.huji.ac.il/~msiritov/BarEliAzarRitovKeidarSchein.pdf.

Chapter 3

Peter Bernstein, Against the Gods: The Remarkable Story of Risk (Wiley 2007). “Business Booms and Depressions since 1775,” fraser.stlouisfed.org/files/docs/publications/1943chart_busibooms.pdf. Robert J. Samuelson, The Great Inflation and Its Aftermath: The Past and Future of American Affluence (Random House Trade, 2010). “When Truckers Shut Down American to Protest Oil Prices” (January 7, 2019), www.history.com/news/oil-crisis-1973-truck-strike. “Rioting Follows Protests by Truckers in Levittown” (June 26, 1979), www.nytimes.com/1979/06/26/archives/rioting-follows-protests-by-truckers-in-levittown-pa-34-communities.html. “Paul A. Volcker, Fed Chairman Who Wages War on Inflation is Dead at 92” (December 19, 2019), www.nytimes.com/2019/12/09/business/paul-a-volcker-dead.html. Marty Steinberg, “Paul Volcker, the Carter-Reagan Fed chairman who beat inflation, dies at age 92” (December 9, 2019) www.cnbc.com/2019/12/09/paul-volcker-the-carter-reagan-fed-chairman-who-beat-inflation-dies-at-92.html. Time, (December 14, 1970), content.time.com/time/magazine/0,9263,7601701214,00.html.www.jstor.org/stable/183891.

Chapter 4

Benjamin Roth, The Great Depression: A Diary (Publicaffairs, 2010). Amy Scott, “Why do we have a 30-year mortgage, anyway?” (November 1, 2018), www.marketplace.org/2018/10/31/why-do-we-have-30-year-mortgage-anyway/. Iqbal Khan and Robert Karofsky, “Global Wealth Report 2024,” www.ubs.com/content/dam/assets/wm/global/insights/doc/global-wealth-report.pdf? campID=UC:E:601227:601243:275609551:0:1662290115:1661963018:en:665757333.

Chapter 5

Warren E. Buffett, “Buy American. I Am,” (October 16, 2008), www.nytimes.com/2008/10/17/opinion/17buffett.html. Roger Lowenstein, Buffett: The Making of an American Capitalist (Random House Inc., 1995). Joe Nocera, A Piece of the Action: How the Middle Class Joined the Money Class (Simon & Schuster, 2013). Frederick Lewis Allen, Since Yesterday: The 1930s in America, September 3, 1929–September 3, 1939 (Open Road Media, 2015).

Chapter 6

Jason Zweig, “The Psychologist Who Turned the Investing World on Its Head” (March 29, 2024), www.wsj.com/finance/investing/daniel-kahneman-behavioral-economics-270c9797. Daniel Kahneman, “Maps of Bounded Rationality: A Perspective on Intuitive Judgment and Choice” (December 8, 2002), www.nobelprize.org/uploads/2018/06/kahnemann-lecture.pdf.

Chapter 7

Federal Reserve Bank of St. Louis, “How Bad Was the Great Depression? Gauging the Economic Impact,” www.stlouisfed.org/the-great-depression/curriculum/economic-episodes-in-american-history-part- 3#:~:text=The%20U.S.%20economy%20shrank%20by,%25%3B%20wholesale%20prices%20plum meted%2032%25. Benjamin Roth, The Great Depression: A Diary (Publicaffairs, 2010). Frederick Lewis Allen, Since Yesterday: The 1930s in America, September 3, 1929–September 3, 1939 (Open Road Media, 2015). John Kenneth Galbraith, The Great Crash (Penguin 2009). John Brooks, Once in Golconda: A True Drama of Wall Street 1920-1938 (Wiley, 1999). Martin Fridson, It Was a Very Good Year: Extraordinary Moments in Stock Market History (Wiley, 2007).

Chapter 8

Robert Kurson, Rocket Men: The Daring Odyssey of Apollo 8 and the Astronauts Who Made Man’s First Journey to the Moon (Random House Trade, 2019). Henry S. F. Cooper Jr., Thirteen: The Apollo Flight That Failed (Open Road Integrated Media, Inc., 2018). Charles Fishma, One Giant Leap: The Untold Story of How We Flew to the Moon (Simon & Schuster, 2020). Charles Perrow, Normal Accidents: Living with High Risk Technologies (Princeton Paperbacks, 1999). Fred Schwed, Where Are the Customers’ Yachts? (Wiley, 2005).

Chapter 9

Benjamin Graham, The Intelligent Investor: The Definitive Book on Value Investing (Harper Business, 2003). Nick Murray, Simple Wealth, Inevitable Wealth (1999). William J. Bernstein, The Four Pillars of Investing: Lessons for Building a Winning Portfolio, (McGraw Hill, 2002).

Chapter 10

Josh Wingrove, “Forecast or US Recession Within Year Hits 100% in Blow to Biden” (October 17, 2022), www.bloomberg.com/news/articles/2022-10-17/forecast-for-us-recession-within-year-hits- 100-in-blow-to-biden. Jeff Cox, “Jeff Bezos is the latest to warn on the economy, saying it’s time to ‘batten down the hatches’” (October 19, 2022), www.cnbc.com/2022/10/19/amazon-founder-jeff-bezos-warns-its-time-to-batten-down-the-hatches.html. Sam Meredith, “‘This is serious’: JPMorgan’s Jamie Dimon warns U.S. likely to tip into recession in six to nine months” (October 10, 2022), www.cnbc.com/2022/10/10/jpmorgan-jamie-dimon-warns-us-likely-to-tip-into-recession-soon.html. Robert Huebscher, “Gundlach: U.S. Will Face Recession by Mid-2023” (December 7, 2022), www.advisorperspectives.com/articles/2022/12/07/gundlach-u-s-will-face-recession-by-mid-2023. Patti Domm, “Why Everyone Thinks a Recession is Coming in 2023” (December 23, 2022), www.cnbc.com/2022/12/23/why-everyone-thinks-a-recession-is-coming-in-2023.html. “Unemployment Rate and Recessions since 1948,” www.nber.org/research/business-cycle-dating. “The Folly of Certainty” (July 17, 2024), www.oaktreecapital.com/insights/memo/the-folly-of-certainty.

Chapter 11

Gregory Suckerman, “For One GameStop Trader, the Wild Ride Was Almost as Good as the Enormous Payoff,” February 3, 2021), www.wsj.com/articles/for-one-gamestop-trader-the-wild-ride-was-almost-as-good-as-the-enormous-payoff-11612348200?mod=markets_lead_pos10.

Fernando Chague, Fernando Chague, Bruno Giovannetti, “Day Trading for a Living?” (July 22, 2019), papers.ssrn.com/sol3/papers.cfm?abstract_id=3423101. Brad M. Barber, Yi-Tsung Lee, Yu-Jane Liu, et al, “Do Day Traders Rationally Learn About Their Ability?” (October 2017), faculty.haas.berkeley.edu/odean/papers/Day%20Traders/Day%20Trading%20and%20Learning%201 10217.pdf. “Almost 80% of Private Day Traders Lose Money” (August 17, 2016), www.curiousgnu.com/day-trading Jason Zweig, Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich (Simon & Schuster, 2008). Brian Wansink and Collin R. Payne, “Eating Behaviour and Obesity at Chinese Buffets” (September 6, 2012), onlinelibrary.wiley.com/doi/full/10.1038/oby.2008.286. Brian Wansink, Mindless Eating: Why We Eat More Than We Think (Hay House UK, 2001). “The real winners and losers in America’s lottery obsession” (January 4, 2023), https://www.nprillinois.org/2023-01-04/the-real-winners-and-losers-in-americas-lottery-obsession.

Chapter 12

“2024 Commencement Address by Roger Federer” (June 9, 2024), home.dartmouth.edu/news/2024/06/2024-commencement-address-roger-federer.

Chapter 13

Brad Stone, The Everything Store: Jeff Bezos and the Age of Amazon (Corgi, 2014). Frederick Lewis Allen, Since Yesterday: The 1930s in America, September 3, 1929–September 3, 1939 (Open Road Media, 2015). Joe Nocera, A Piece of the Action: How the Middle Class Joined the Money Class (Simon & Schuster, 2013). Investment Company Institute and the Securities Industry Association, “Equity Ownership in America” (Fall, 1999), www.ici.org/system/files/attachments/rpt_equity_owners.pdf.

Chapter 15

Ruth Youngblood, “A deluge of fraudulent loans has jolted Japan’s banking. . .” (September 1, 1991, www.upi.com/Archives/1991/09/01/A-deluge-of-fraudulent-loans-has-jolted-Japans-banking/5143683697600/. Alexandra Bregman, “Forgotten boom: the legacy of Japan’s 1980s art buying spree” October 16, 2020), asia.nikkei.com/Life-Arts/Arts/Forgotten-boom-the-legacy-of-Japan-s-1980s-art-buying-spree2. Ben Carlson, “The Biggest Asset Bubble in History” (May 11, 2023), awealthofcommonsense.com/2023/05/the-biggest-asset-bubble-in-history/. “Court sentences Onoue to 12 years for fraud” (March 2, 1998), www.japantimes.co.jp/news/1998/03/02/national/court-sentences-onoue-to-12-years-for-fraud/.

Leslie Helm, “Ex-Hostess in Japan’s Bank Scandal Is Shadowy Figure” (September 16, 1991), www.latimes.com/archives/la-xpm-1991-09-16-fi-1678-story.html. Christopher Wood, The Bubble Economy: Japan’s Extraordinary Speculative Boom of the ‘80s and the Dramatic Bust of the ‘90s (Equinox Publishing, 2005). Charles Kindleberger, Manias, Panics and Crashes by Charles Kindleberger (Palgrave Macmillan, 2023). “This Japanese Shop is 1020 Years Old” (January 7, 2021), www.nytimes.com/2020/12/02/business/japan-old-companies.html.

Chapter 16

Henry K. Beeche, “The Powerful Placebo” (December 24, 1955), www.dcscience.net/beecher-placebo-1955.pdf. “Is the Placebo Powerless? – An Analysis of Clinical Trials Comparing Placebo with No Treatment” (May 24, 2001), www.nejm.org/doi/full/10.1056/NEJM200105243442106. Daniel Kahneman, Thinking, Fast and Slow (Penguin, 2012). “UBS Global Real Estate Bubble Index 2025,” www.credit-suisse.com/about-us-news/en/articles/news-and-expertise/global-investment-returns-yearbook-2023-202302.html.

Chapter 17

Molly Baker “Technology Investors Fall Head Over Heels for Their New Love” (August 10, 1995), www.wsj.com/articles/SB108203965398683708. Adam Lashinsky, “Netscape IPO 20-year anniversary: Read Fortune’s 2005 oral history of the birth of the web” (August 9, 2015), fortune.com/2015/08/09/remembering-netscape/. Eric Niiler, “Netscape’s IPO Anniversary and the Internet Boom” (August 9, 2005), www.npr.org/2005/08/09/4792365/netscapes-ipo-anniversary-and-the-internet-boom. John Kenneth Galbraith, A Short History of Financial Euphoria (Penguin Business, 1994). Anthony Ha, “Minorities Hit Hard by Foreclosure Crunch” (May 3, 2007), sanbenito.com/minorities-hit-hard-by-foreclosure-crunch/.

Chapter 18

David McCullough, The Wright Brothers (Simon & Schuster, 2015). “Do stocks outperform Treasury bills?” wpcarey.asu.edu/department-finance/faculty-research/do-stocks-outperform-treasury-bills. Jason Zweig, “Jack Bogle’s Bogleheads Keep Investing Simple. You Should Too” (October 5, 2018), www.wsj.com/articles/jack-bogles-bogleheads-keep-investing-simple-you-should-too-1538754027. Jason Zweig, “What Harry Markowitz Meant” (November 7, 2025), jasonzweig.com/what-harry-markowitz-meant.