4 ms·
Excellent book. The high point for me was the enterprising fellow who set up a stall in London during the South Sea Bubble (the original bubble!), allowing peop
by wduquette 4mo ago
Excellent book. The high point for me was the enterprising fellow who set up a stall in London during the South Sea Bubble (the original bubble!), allowing people to invest in "An undertaking of great advantage, but nobody to know what it is." People lined up for a couple of days to give the fellow their money...after which the fellow disappeared, never to be seen again. No lies detected!
- Joel_Mckay 4mo agoWell they did disrupt the market, albeit at the cost of looking over their shoulder for the rest of their life. lol =3
- jgilias 4mo agoWasn’t tbe Tulip Bubble the original bubble?
- WheelsAtLarge 4mo agoYou all renember SPACs,Special Purpose Acquisition Companies. And all the "experts" who needed the money because they had some great investment that could not be financed any other way. That wave hit its peek less than 5 years ago. Yup, that was a great way to invest. I suspect it happens at every cycle.
- dogscatstrees 4mo agoNot sure why you're downvoted. Chamath Palihapitiya was a tome of SPAC heyday.
- WheelsAtLarge 4mo agoI guess some people didn't get that I was being facetious. Just to be clear, SPACs did not turned out to be great investments as a whole. There are definitely better ways to invest your hard earned money.