As an emerging markets investor in 19th century South America, it was tough to find out what was really happening. At best, up-to-date news had a three month journey. Even with good winds, the round trip between London and South…
How a Sock Puppet Created a Bubble
Ranging from sock puppets in 2000 to the spread of the automobile in the 1920s, the causes of market bubbles are different and yet similar.