Re:Tulip mania: the classic story of a Dutch financial bubbl...
by pvaldes on Saturday February 17, 2018 @08:05AM
(#16400494)
Once is blooming your expensive Picasso is now two or four expensive Picassos, and in the next year you'll have maybe 20 picasso or so. And as everybody wants to have it in their houses you could easily sold 10 and keep the other.
In the tulipmania some people lost money. The few buyers that knew their stuff, with the expertise to know how to multiply, take good care of them and keep it clean of diseases just get rich. If the unique and rare tulip weren't diseased their owner would became extremely rich and famous. Buying it was the logic choice. The same clone of turkish bulb has been sold each year for entire generations of the same european families. Thousands of years after, is still sought for buyers.
In the tulipmania some people lost money. The few buyers that knew their stuff, with the expertise to know how to multiply, take good care of them and keep it clean of diseases just get rich. If the unique and rare tulip weren't diseased their owner would became extremely rich and famous. Buying it was the logic choice. The same clone of turkish bulb has been sold each year for entire generations of the same european families. Thousands of years after, is still sought for buyers.