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Re:Newton's Financial Misadventures in the South Sea Bubble by hangonhn on Wednesday September 18, 2019 @06:20PM (#21010971)
The awesome folks at Extra Credit History did a great series on this: https://www.youtube.com/watch?v=k1kndKWJKB8
Re:Newton's Financial Misadventures in the South Sea Bubble by cjlars on Wednesday September 18, 2019 @07:32PM (#21011642)
As a fan of financial history -- and I know that's an odd thing to be interested in -- this is the craziest story I've ever heard.
Re:Newton's Financial Misadventures in the South Sea Bubble by H8crilA on Wednesday September 18, 2019 @09:31PM (#21012353)
Financial/economic history is incredibly important if one wants to invest successfully. Much of the things we see in the markets had happened before, but not necessarily in our lifetimes. For example there were entire decades in the US history when bonds easily outperformed stocks, yet because of the last decade your typical retail investor thinks bonds are for people that don't want good long term gains.

"How The Economic Machine Works" https://youtu.be/PHe0bXAIuk0

Re:Newton's Financial Misadventures in the South Sea Bubble by herdrick on Wednesday September 18, 2019 @09:40PM (#21012411)
It's not just the last decade. Since the mid-1980s the conventional wisdom has been that stocks > bonds for long term gain.
Re:Newton's Financial Misadventures in the South Sea Bubble by thedudeabides5 on Wednesday September 18, 2019 @11:02PM (#21012856)
The Mississippi Bubble came first, don't you know?

https://rose.ai/dashboard/daily.observations.20190918.the.mi...

Re:Newton's Financial Misadventures in the South Sea Bubble by psspss on Thursday September 19, 2019 @01:15AM (#21013484)
See also Tulip Mania: "the first recorded speculative bubble"

https://en.wikipedia.org/wiki/Tulip_mania