Legendary financier Bernard Baruch credited the lessons learned from Extraordinary Popular Delusions and the Madness of Crowds with his decision to sell all of his stock ahead of the Wall Street Crash of 1929.
Charles Mackay’s famous, 1841 Classic:
“Extraordinary Popular Delusions and
the Madness of Crowds”
Essential reading for any serious investor and or observer of human psychology. If nothing else, skim thru this volume to review the crowd psychology of these economic bubbles and the madness of crowds :
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Legendary financier
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