427 TIP. The History of Bubbles, Mania & Fraud w/ Jamie Catherwood

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Jamie is a financial market historian, founder of the wildly popular site Investor Amnesia, and an associate at O’Shaughnessy Asset Management which manages $5.3 Billion.

One quick caveat: We apologize for the background noise along the way. Please bear with us, because the substance of the conversation and the way Jamie Catherwood breaks down historical lessons are fantastic.

IN THIS EPISODE, YOU’LL LEARN:
0:00:00 – Intro
0:00:23 – Jamie Catherwood’s background
0:06:57 – Tulip mania, did it actually happen?
0:13:13 – The bubble triangle
0:16:50 – Micro manias happening in the markets today and analogous examples from the past
0:22:50 – Historical examples of market bubbles
0:37:56 – The conditions that produce fraud in the marketplace
0:41:14 – Lessons from the 1800’s that could have prepared us for the recent bust in tech stocks
0:54:01 – How the world’s first ETF was essentially created in the 10th century
0:59:34 – Benefits of speculation

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▶️ PAST EPISODES MENTIONED
– 421 TIP. Expectations Investing w/ Michael Mauboussin – https://youtu.be/X1TsqgSGxSc

💡OTHER RESOURCES
– Jamie Catherwood’s website: https://investoramnesia.com/

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