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Jason Zweig: A Short History Of Folly

TedTed
in Fund Discussions
FYI: Researching my upcoming weekly column for The Wall Street Journal reminded me of the mania for investment trusts in the late 1920s, which I had first written about more than 20 years ago. Here’s a look back at that early article, which — despite its ludicrously wrong call on Berkshire Hathaway toward the end — still isn’t a bad survey of the long history of fads and crazes in the financial markets.
Regards,
Ted
http://jasonzweig.com/a-short-history-of-folly/

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