Author Topic: Investor lessons from a market bubble that cost Isaac Newton a bundle  (Read 489 times)

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Offline endicom

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Market Watch

By Barbara Kollmeyer
Published: Aug 25, 2016

It says a lot about human nature that the scientist responsible for the law of gravity was sucked into an investment that for a time defied gravity.

Throughout history, people — especially those at the top rung of society — have been greedy and gullible participants in financial bubbles. And Sir Isaac Newton was only human, after all. But the infamous bubble that ensnared Newton, involving a newly established stock market with a company at its center that was fueled by rumors and information gleaned in coffee shops, holds investment lessons to this day.

http://www.marketwatch.com/story/investor-lessons-from-a-market-bubble-that-cost-isaac-newton-a-bundle-2016-08-25