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From 1720 to Tesla, FOMO Never Sleeps The South Sea bubble is the classic story of an investing mania. Are investors today any wiser?
Jul 22, 2020
William Deringer quoted in the Washington Post article, “From 1720 to Tesla, FOMO Never Sleeps: The South Sea bubble is the classic story of an investing mania. Are investors today any wiser?”.
“New media technologies — newspapers in 1720, radio in the 1920s, the internet in the 1990s, social media and smartphone apps today — are “the cultural substrate in which a mania can grow,” says William Deringer, a financial historian at the Massachusetts Institute of Technology.
READ THE ARTICLE (with a subscription): From 1720 to Tesla, FOMO Never Sleeps