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Commodities price bubbles are the worst examples of irrational exuberance. I would say stick with equities bubbles, like South Sea, 1920s, 1990s tech bubble if
by vmception 6y ago
Commodities price bubbles are the worst examples of irrational exuberance.
I would say stick with equities bubbles, like South Sea, 1920s, 1990s tech bubble if one wishes for a cautionary tale or any level of introspection.
Both the Tulip bubble and the Beanie Baby bubble were rational reactions to data. Although not cited as such, there is no introspective possibility for anyone researching markets and learning how to deploy their own capital while writing those off as irrational.
- rdtwo 6y agoI mean what’s wrong with beanie babies? If you didn’t hold you made out like a bandit