Originally published in 1955, The Great Crash 1929, provides a timeless reminder of the economic consequences of financial speculation, excess leverage, and herding. Many parallels can be drawn between The Great Crash of 1929 and the Global Financial Crisis of 2008. There are moments in this book where you may... Show More
While the bubble in U.S. stocks was just beginning in 1925, the lesser known Florida real estate bubble was already in full swing. “The greatest real estate development in the world” read a Florida News headline in September 1925. By the 1920s middle class America had more time and money... Show More
The South Sea Company would have appeared to the investors of 1720 as a fantastic opportunity to profit from a monopoly on trade with South America. In fact it was to become a lesson in mania, woeful corporate governance and corruption at the highest levels of government. Show More
The humble Tulip was introduced to the Netherlands and began to grow in popularity in the early 1600s. The bubble was first driven by fashion, then fad. Finally in the mid-1630s prices spiraled upwards as the market entered mania... Show More
No doubt you have read numerous articles about the dramatic run up in valuation on the Shanghai Composite index. Overnight stocks fell dramatically - down some 6.5%. I personally don't know much about investing in China - so I don't try to do it. However, I have worked with margin... Show More
