This is not a personal finance book – it’s a history book. This book walks through almost all of the great financial bubbles since the 17th century. Fantastic for perspective on how markets get carried away. For me, the insight from this book was that there is a repeated theme in the history of bubbles. The combination of a new technology with a new innovation in finance leads to a combination of new capital and optimism that leads to an incredible rush and explosion of investment. This book will change your mind about how rational markets really are when crowds get a bit too excited.
Daffy