It all started with a shipwreck. In the 1690’s, London saw a tech bubble that rose out of a successful treasure hunt, which was led by a New England sea captain called William Phipps.
Interesting way to capture a persistent trend resulting in diabolical outcomes. My thoughts veer to the recent US of A elections and the results ticking in. Popularity, narrative and Affect has shaped this result. Markets are rewarding it. We have to now wait for the correction. How long? A few years or immediate?
Interesting way to capture a persistent trend resulting in diabolical outcomes. My thoughts veer to the recent US of A elections and the results ticking in. Popularity, narrative and Affect has shaped this result. Markets are rewarding it. We have to now wait for the correction. How long? A few years or immediate?
Nicely written article. Informative and insightful, tells me that nothing much has changed in the last 300 years.