Tulip Mania: The Psychology of Financial Speculation
Tulip mania is often cited as one of history's most notorious financial bubbles. In the 17th century, traders in the Netherlands were caught up in a frenzy of speculation over the value of tulip bulbs, driving prices to astronomical levels before the bubble eventually burst. But what can we learn from this episode? In this video, we explore the origins and peak of tulip mania, the factors that led to its collapse, and the lessons modern investors can take from this historical event. We also compare tulip mania to other financial bubbles, such as the recent craze over NFTs. Join us as we delve into the fascinating history of tulip mania and its lasting impact on finance.
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