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Super Moderator
Join Date: Oct 2007
Posts: 621
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Extraordinary Popular Delusions and the Madness of Crowds
Extraordinary Popular Delusions and the Madness of Crowds
by Charles Mackay 1841 I appreciate this book because it goes to show you that, what was said and experienced back in his day (and before), is the same as it is now; because people never change. Bernard Baruch (a famous well to do trader in the early 20th century) said..."Mackay had saved him millions." In his book can be found the histories of boom-and-bust economic crazes, including the Mississippi and South Sea "Bubbles" and the extravagant run on Dutch tulips, scams that bamoozled the wealthy and titled of many nations; a legion of alchemists, dolorous accounts of unfulfilled prophecy, divination, and financial fortune telling. Id give it five stars if i was a professional book critic... Enjoy!
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Nothing is more difficult than the art of maneuvering for advantageous positions. - Sun-Tzu Trade with the trend, Ride winners, Cut losers, Keep bets small, Use Stops - Old School | |
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