The Mother of all Bubbles

Cory Bernardi
Cory Bernardi
The Mother of all Bubbles

It might be time for a new edition of the book: Extraordinary Popular Delusions and the Madness of Crowds

You are probably familiar with the Tulip bulb mania of the 17th century.

At the peak of the hysteria, a single Tulip bulb was valued at about ten times the value of a skilled worker. It's been written that one buyer offered 12 acres of land for one Semper Augustus bulb.

Like all bubbles, this one eventually burst but not before vast fortunes were made and lost in the process.

Today, we have a new Tulip mania making people rich and it seems even less rational.

This post is for subscribers only. To read it, please sign in to your account or subscribe for FREE access.

Subscribe
Already have an account? Sign in
Great! Next, complete checkout for full access to Cory Bernardi Confidential
Welcome back! You've successfully signed in
You've successfully subscribed to Cory Bernardi Confidential
Success! Your account is fully activated, you now have access to all content
Success! Your billing info has been updated
Your billing info was not updated