Podcasts about extraordinary popular delusions

In Season 9, Novel Dialogue set out to find the Venn diagram intersection of tech and fiction—only to realize that Kim Stanley Robinson had staked his claim on the territory decades ago. With influential series on California, on the terraforming of Mars, and on human civilization as reshaped by rising tides, KSR has established a conceptual space as dedicated to sustainability as his own beloved Village Homes in Davis, California. All of that, though, only prepared the ground for Ministry for the Future (Orbit, 2020), his vision of a sustained governmental and scientific rethinking of humanity's fossil-burning, earth-warming ways. In only five years, it may have become the most influential work of climate fiction ever—perhaps right up there with Uncle Tom's Cabin in its thoroughly shocking ability to jump into the political fray. Flanked by Novel Dialogue's John Plotz, KSR's friend and ally Elizabeth Carolyn Miller (celebrated eco-critic and UC Davis professor) asks him to reflect on the book's impact. He brushes aside the doom and gloom of tech bros forecasting the death of our planet and hence the necessity of a flight to Mars: humans are not one of the species doomed to extinction by our reckless combustion of the biosphere. However, survival is not the same as thriving. The way we are headed now, “the crash of civilization is very bad. And ignoring it…is not going to work.” Mentioned in the Episode: --Pact for the Future --COP 26 (2021 United Nations Climate Change Conference) --COP 30 (where KSR will be a UN rep….) --Planetary boundaries J. Rockstrom (et. al.) --Charles MacKay, Extraordinary Popular Delusions and the Madness of Crowds --Paris Agreement --Don't Look Up --Tobias Menely, The Animal Claim: Sensibility and the Creaturely Voice --Mary Shelley, Frankenstein; or, The Modern Prometheus (1818) Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/literature

In Season 9, Novel Dialogue set out to find the Venn diagram intersection of tech and fiction—only to realize that Kim Stanley Robinson had staked his claim on the territory decades ago. With influential series on California, on the terraforming of Mars, and on human civilization as reshaped by rising tides, KSR has established a conceptual space as dedicated to sustainability as his own beloved Village Homes in Davis, California. All of that, though, only prepared the ground for Ministry for the Future (Orbit, 2020), his vision of a sustained governmental and scientific rethinking of humanity's fossil-burning, earth-warming ways. In only five years, it may have become the most influential work of climate fiction ever—perhaps right up there with Uncle Tom's Cabin in its thoroughly shocking ability to jump into the political fray. Flanked by Novel Dialogue's John Plotz, KSR's friend and ally Elizabeth Carolyn Miller (celebrated eco-critic and UC Davis professor) asks him to reflect on the book's impact. He brushes aside the doom and gloom of tech bros forecasting the death of our planet and hence the necessity of a flight to Mars: humans are not one of the species doomed to extinction by our reckless combustion of the biosphere. However, survival is not the same as thriving. The way we are headed now, “the crash of civilization is very bad. And ignoring it…is not going to work.” Mentioned in the Episode: --Pact for the Future --COP 26 (2021 United Nations Climate Change Conference) --COP 30 (where KSR will be a UN rep….) --Planetary boundaries J. Rockstrom (et. al.) --Charles MacKay, Extraordinary Popular Delusions and the Madness of Crowds --Paris Agreement --Don't Look Up --Tobias Menely, The Animal Claim: Sensibility and the Creaturely Voice --Mary Shelley, Frankenstein; or, The Modern Prometheus (1818) Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/literary-studies

In Season 9, Novel Dialogue set out to find the Venn diagram intersection of tech and fiction—only to realize that Kim Stanley Robinson had staked his claim on the territory decades ago. With influential series on California, on the terraforming of Mars, and on human civilization as reshaped by rising tides, KSR has established a conceptual space as dedicated to sustainability as his own beloved Village Homes in Davis, California. All of that, though, only prepared the ground for Ministry for the Future (Orbit, 2020), his vision of a sustained governmental and scientific rethinking of humanity's fossil-burning, earth-warming ways. In only five years, it may have become the most influential work of climate fiction ever—perhaps right up there with Uncle Tom's Cabin in its thoroughly shocking ability to jump into the political fray. Flanked by Novel Dialogue's John Plotz, KSR's friend and ally Elizabeth Carolyn Miller (celebrated eco-critic and UC Davis professor) asks him to reflect on the book's impact. He brushes aside the doom and gloom of tech bros forecasting the death of our planet and hence the necessity of a flight to Mars: humans are not one of the species doomed to extinction by our reckless combustion of the biosphere. However, survival is not the same as thriving. The way we are headed now, “the crash of civilization is very bad. And ignoring it…is not going to work.” Mentioned in the Episode: --Pact for the Future --COP 26 (2021 United Nations Climate Change Conference) --COP 30 (where KSR will be a UN rep….) --Planetary boundaries J. Rockstrom (et. al.) --Charles MacKay, Extraordinary Popular Delusions and the Madness of Crowds --Paris Agreement --Don't Look Up --Tobias Menely, The Animal Claim: Sensibility and the Creaturely Voice --Mary Shelley, Frankenstein; or, The Modern Prometheus (1818) Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/environmental-studies

Part two of our week of ghosts is all about one spirit – this time, a poltergeist. People have been arguing over this one since the 1660s, including some prominent skeptics and supporters.   Research: Aldridge, Alfred Owen. “Franklin and the Ghostly Drummer of Tedworth.” The William and Mary Quarterly, vol. 7, no. 4, 1950, pp. 559–67. JSTOR, https://doi.org/10.2307/1917046 “Ballygally Castle Hotel and it's Ghost Room.” Ballygally Castle Hotel. https://www.ballygallycastlehotel.com/ballygally-castle-hotel-and-its-ghost-room/ Belanger, Jeff. “World's Most Haunted Places.” Rosen Publishing Group. 2009. "A blow at modern Sadducism in some philosophical considerations about witchcraft. To which is added, the relation of the fam'd disturbance by the drummer, in the house of Mr. John Mompesson, with some reflections on drollery and atheisme. / By a member of the Royal Society.." In the digital collection Early English Books Online. https://name.umdl.umich.edu/A70179.0001.001. University of Michigan Library Digital Collections. Briggs, Stacia. “The Brown Lady of Raynham Hall.” Norfolk Folklore Society. Dec. 3, 2023. https://www.norfolkfolkloresociety.co.uk/post/the-brown-lady-ghost-of-raynham-hall Britannica, The Editors of Encyclopaedia. "Joseph Glanvill". Encyclopedia Britannica, 6 Mar. 2024, https://www.britannica.com/biography/Joseph-Glanvill “The Brown Lady of Raynham Hall.” UK Paranormal Society. https://ukparanormalsociety.org/encyclopedia/the-brown-lady-of-raynham-hall/ “The day a Country Life photographer captured an image of a ghost, a picture that's become one of the most famous ‘spirit photography' images of all time.” Country Life. Oct. 31, 2022. https://www.countrylife.co.uk/nature/the-day-a-country-life-photographer-captured-an-image-of-a-ghost-234642 Dorney, John. “The Plantation of Ulster: A Brief Overview.” The Irish Story. June 2, 2024. https://www.theirishstory.com/2024/06/02/the-plantation-of-ulster-a-brief-overview/ Hunter, Michael (2005) New light on the ‘Drummer of Tedworth': conflicting narratives of witchcraft in Restoration England. London: Birkbeck ePrints. http://eprints.bbk.ac.uk/archive/00000250 Mackay, Charles. Memoirs of Extraordinary Popular Delusions and the Madness of Crowds.” London. 1852. Accessed online: https://www.gutenberg.org/files/24518/24518-h/24518-h.htm Mantell, Rowan and Siofra Connor. “Weird Norfolk: The Brown Lady of Raynham Hall.” Eastern Daily Press. August 4, 2018. Miles, Abraham. "Wonder of wonders being a true relation of the strange and invisible beating of a drum, at the house of John Mompesson, Esquire, at Tidcomb, in the county of Wilt-shire ... : to the tune of Bragandary / by Abraham Miles." In the digital collection Early English Books Online. https://name.umdl.umich.edu/A50850.0001.001. University of Michigan Library Digital Collections. “On Wednesday Night died at his Seat … “The Derby Mercury. June 29, 1738. https://www.newspapers.com/image/394517191/?match=1&terms=Raynham%20Hall “Settlers, Sieges and Spirits: The Story of Ballygally Castle.” Ballygally Castle Hotel. https://www.ballygallycastlehotel.com/wp-content/uploads/2021/10/heritage-leaflet_ballygally-web.pdf Smith, Edd. “The Vast History of Raynham Hall.” BBC. May 20, 2009. http://news.bbc.co.uk/local/norfolk/hi/people_and_places/history/newsid_8058000/8058145.stm Spirit, L. “THE BROWN LADY OF RAYNHAM HALL: The World's Most Infamous Ghost.” Norfolk Record Office Blog. July 31, 2024. https://norfolkrecordofficeblog.org/2024/07/31/the-brown-lady-of-raynham-hall-the-worlds-most-infamous-ghost/ Spirit, L. “THE BROWN LADY OF RAYNHAM HALL: The World's Most Infamous Ghost (continued).” Norfolk Record Office Blog. August 14, 2024. https://norfolkrecordofficeblog.org/2024/08/14/the-brown-lady-of-raynham-hall-the-worlds-most-infamous-ghost-continued/ Wade, Mike. “Ultimate proof that ghosts exist, or maybe it's just dust on the lens.” The Times. March 27, 2009. https://www.thetimes.com/article/ultimate-proof-that-ghosts-exist-or-maybe-its-just-dust-on-the-lens-5xt5v03kk8k Webster, John. “The Displaying of Supposed Witchcraft.” 1677. 2024 eBook accessed online: https://www.gutenberg.org/cache/epub/72654/pg72654-images.html “What was the Plantation of Ulster?” BBC Bitesize. https://www.bbc.co.uk/bitesize/articles/z2bgsrd Wright, Dudley. “The Epworth Phenomena, To which are appended certain Psychic Experiences recorded by John Wesley in the pages of his Journal .” Accessed online: https://mail.gutenberg.net.au/ebooks03/0301311.txt  See omnystudio.com/listener for privacy information.

Part one of our Halloween finale on British Isles ghosts features two very classic ghost tales: the brown lady of Raynham Hall and the ghosts of of Ballygally Castle.  Research: Aldridge, Alfred Owen. “Franklin and the Ghostly Drummer of Tedworth.” The William and Mary Quarterly, vol. 7, no. 4, 1950, pp. 559–67. JSTOR, https://doi.org/10.2307/1917046 “Ballygally Castle Hotel and it's Ghost Room.” Ballygally Castle Hotel. https://www.ballygallycastlehotel.com/ballygally-castle-hotel-and-its-ghost-room/ Belanger, Jeff. “World's Most Haunted Places.” Rosen Publishing Group. 2009. "A blow at modern Sadducism in some philosophical considerations about witchcraft. To which is added, the relation of the fam'd disturbance by the drummer, in the house of Mr. John Mompesson, with some reflections on drollery and atheisme. / By a member of the Royal Society.." In the digital collection Early English Books Online. https://name.umdl.umich.edu/A70179.0001.001. University of Michigan Library Digital Collections. Briggs, Stacia. “The Brown Lady of Raynham Hall.” Norfolk Folklore Society. Dec. 3, 2023. https://www.norfolkfolkloresociety.co.uk/post/the-brown-lady-ghost-of-raynham-hall Britannica, The Editors of Encyclopaedia. "Joseph Glanvill". Encyclopedia Britannica, 6 Mar. 2024, https://www.britannica.com/biography/Joseph-Glanvill “The Brown Lady of Raynham Hall.” UK Paranormal Society. https://ukparanormalsociety.org/encyclopedia/the-brown-lady-of-raynham-hall/ “The day a Country Life photographer captured an image of a ghost, a picture that's become one of the most famous ‘spirit photography' images of all time.” Country Life. Oct. 31, 2022. https://www.countrylife.co.uk/nature/the-day-a-country-life-photographer-captured-an-image-of-a-ghost-234642 Dorney, John. “The Plantation of Ulster: A Brief Overview.” The Irish Story. June 2, 2024. https://www.theirishstory.com/2024/06/02/the-plantation-of-ulster-a-brief-overview/ Hunter, Michael (2005) New light on the ‘Drummer of Tedworth': conflicting narratives of witchcraft in Restoration England. London: Birkbeck ePrints. http://eprints.bbk.ac.uk/archive/00000250 Mackay, Charles. Memoirs of Extraordinary Popular Delusions and the Madness of Crowds.” London. 1852. Accessed online: https://www.gutenberg.org/files/24518/24518-h/24518-h.htm Mantell, Rowan and Siofra Connor. “Weird Norfolk: The Brown Lady of Raynham Hall.” Eastern Daily Press. August 4, 2018. Miles, Abraham. "Wonder of wonders being a true relation of the strange and invisible beating of a drum, at the house of John Mompesson, Esquire, at Tidcomb, in the county of Wilt-shire ... : to the tune of Bragandary / by Abraham Miles." In the digital collection Early English Books Online. https://name.umdl.umich.edu/A50850.0001.001. University of Michigan Library Digital Collections. “On Wednesday Night died at his Seat … “The Derby Mercury. June 29, 1738. https://www.newspapers.com/image/394517191/?match=1&terms=Raynham%20Hall “Settlers, Sieges and Spirits: The Story of Ballygally Castle.” Ballygally Castle Hotel. https://www.ballygallycastlehotel.com/wp-content/uploads/2021/10/heritage-leaflet_ballygally-web.pdf Smith, Edd. “The Vast History of Raynham Hall.” BBC. May 20, 2009. http://news.bbc.co.uk/local/norfolk/hi/people_and_places/history/newsid_8058000/8058145.stm Spirit, L. “THE BROWN LADY OF RAYNHAM HALL: The World's Most Infamous Ghost.” Norfolk Record Office Blog. July 31, 2024. https://norfolkrecordofficeblog.org/2024/07/31/the-brown-lady-of-raynham-hall-the-worlds-most-infamous-ghost/ Spirit, L. “THE BROWN LADY OF RAYNHAM HALL: The World's Most Infamous Ghost (continued).” Norfolk Record Office Blog. August 14, 2024. https://norfolkrecordofficeblog.org/2024/08/14/the-brown-lady-of-raynham-hall-the-worlds-most-infamous-ghost-continued/ Wade, Mike. “Ultimate proof that ghosts exist, or maybe it's just dust on the lens.” The Times. March 27, 2009. https://www.thetimes.com/article/ultimate-proof-that-ghosts-exist-or-maybe-its-just-dust-on-the-lens-5xt5v03kk8k Webster, John. “The Displaying of Supposed Witchcraft.” 1677. 2024 eBook accessed online: https://www.gutenberg.org/cache/epub/72654/pg72654-images.html “What was the Plantation of Ulster?” BBC Bitesize. https://www.bbc.co.uk/bitesize/articles/z2bgsrd Wright, Dudley. “The Epworth Phenomena, To which are appended certain Psychic Experiences recorded by John Wesley in the pages of his Journal .” Accessed online: https://mail.gutenberg.net.au/ebooks03/0301311.txt      See omnystudio.com/listener for privacy information.

Memoirs of Extraordinary Popular Delusions - Fallout of the South Sea Bubble This week we return to the bizarre economic bubble that rose up around the opening of the South Sea trade, based on fraudulent claims of treaties and access it was ultimately a method for some people to get very rich, then very poor. And while it reflects modern society in many was as people still fall for scams, it's not so infuriating that it will keep you awake as you try drift off to sleep. Story (02:47)   Find Memoirs of Extraordinary Popular Delusions and the Madness of Crowds by Mackay https://www.gutenberg.org/ebooks/24518   Supporting Sleepy Time Tales If you would like to support my work and help keep the podcast available and for free, there are several ways you can support the show. ·        You can support the show as a supporter on Patreon and receive a host of bonuses including Patron only episodes and special edits https://www.patreon.com/sleepytimetales ·        If you're enjoying Sleepy Time Tales and would like to make a financial contribution, but would rather not commit to a monthly payment then you can throw a tip in the jar at paypal.me/sleepytimetales  Patreon Sleep Tight Patrons Jess Chris & Moya Sharon Chuck Mysti Roberta Charity Traci Emily Moya Brian Sandra Carla Joseph AY Amy Allison S Please Share If you're enjoying the show, and finding it helps you sleep despite the stresses and strains of your life, the absolute best thing you can do is share it with your friends, families, acquaintances, cellmates etc. Anyone who needs a good night's sleep might benefit. So please share it with the people in your life, whether in person or on social media. Find The Show Website: sleepytimetales.net Patreon: https://www.patreon.com/sleepytimetales Facebook: https://www.facebook.com/sleepytimetalespodcast/ YouTube: https://www.youtube.com/c/SleepyTimeTales Merch: https://www.teepublic.com/?ref_id=25247 Project Gutenberg Terms of Use https://www.gutenberg.org/wiki/Gutenberg:Terms_of_Use  

What can explain Kamala Harris' rise from a 28% approval rating — the lowest of any vice president in American history — to her sudden ascension to the lead, essentially overnight? To understand this phenomenon, Bill goes back to Charles Mackay's Extraordinary Popular Delusions and The Madness of Crowds and shows how ‘Mass Formation Delusions' are shocking, mystifying… and temporary. You can support these messages by making a one-time donation here: https://billwhittle.com/donate-to-bill-whittle/ UNDERSTANDING MASS FORMATION PSYCHOSIS POP PSYCH https://youtu.be/TVVezU8kqFQ?si=I3RISrA-HnnHQ_uj How Can We End Mass Formation Psychosis? | Mattias Desmet Aubrey Marcus https://youtu.be/kc0eIkdLAbA?si=ABcP--2T-r_JHg09

In this conversation, Kathy and Liz Ann discuss quotes and sayings from industry legends that have resonated with them over the years. You can read Liz Ann's article about her reminiscences in the industry and watch the clip of Marty Zweig calling the crash of '87 on YouTube. Kathy and Liz Ann also talk about the Federal Reserve's annual conference at Jackson Hole, Wyoming, and why the economic symposium takes place there. Then, they dig into the Bureau of Labor Statistics' benchmark revisions to the annual payroll data and the market's reaction to the revised numbers. They agree that it's unlikely the Fed will cut 50 basis points in September.Finally, Kathy and Liz Ann provide their outlook for the next week's economic data and market events.On Investing is an original podcast from Charles Schwab. For more on the show, visit schwab.com/OnInvesting.If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThe information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.  All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.  Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.  Investing involves risk, including loss of principal.  The information and content provided herein is general in nature and is for informational purposes only. It is not intended, and should not be construed, as a specific recommendation, individualized tax, legal, or investment advice. Tax laws are subject to change, either prospectively or retroactively. Where specific advice is necessary or appropriate, individuals should contact their own professional tax and investment advisors or other professionals (CPA, Financial Planner, Investment Manager) to help answer questions about specific situations or needs prior to taking any action based upon this information.  Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.Futures, and Futures options trading involves substantial risk and is not suitable for all investors. Please read the Risk Disclosure Statement for Futures and Options prior to trading futures products.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data.The books Reminiscences of a Stock Operator, Market Wizards, Random Walk Down Wall Street, The Money Game, Extraordinary Popular Delusions and The Madness of Crowds, and Against the Gods are not affiliated with, sponsored by, or endorsed by Charles Schwab & Co., Inc. (CS&Co.). Schwab has not reviewed the books and makes no representations about their content.(0824-M7F0)

Dive into our premiere episode with Patrick Stone as he shares his humble beginnings as a title examiner and his pioneering work using technology in the title insurance industry. Tune in to uncover the pivotal developments that continue to shape the future of the industry.     What you'll learn from this episode How to manage business during high interest rates and innovative solutions The impact of e-closings and AI on modernizing the title insurance industry Why delegation and using technology wisely crucial in business Innovative approaches to enhancing customer experience and satisfaction  Lessons on leading change and encouraging ongoing improvement and planning     Resources mentioned in this episode  Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay | Paperback, Hardcover, and Kindle  About Patrick Stone Patrick Stone is the chairman and founder of Williston Financial Group (WFG), LLC. He has led the company to prominence in the title insurance sector. His visionary leadership, holding three C-level positions and serving on two Fortune 500 boards, has earned him recognition as one of the most influential figures in real estate. He's been honored with prestigious awards like the Housing Wire Vanguard Award, cementing his legacy as an innovator and leader in the field. Connect with Patrick Website: WFG National Title Insurance Company LinkedIn: Patrick Stone Connect With Us Love what you're hearing? Don't miss an episode! Follow us on our social media channels and stay connected. Explore more on our website: www.alltechnational.com/podcast Stay updated with our newsletter: www.mochoumil.com Follow Mo on LinkedIn: Mo Choumil

Memoirs of Extraordinary Popular Delusions by Charles Mackay We pick up this week learning about how private enterprise came up with the plan to save the English economy by exploiting the new frontiers of South America through forming the South Sea Company in 1711. Driven by the promise of ships full of gold coming from the native tribes of the New World a frenzy of speculation in stocks in the company drove stock values through the roof. However, the riches failed to materialise as Spain, in control of most of the New World would not allow free trade from their English rivals. But this didn't prevent some people becoming wealthy from the scam while ruining many, many others. Story (03:01)   Find Memoirs of Extraordinary Popular Delusions by Charles Mackay https://www.gutenberg.org/ebooks/24518            Supporting Sleepy Time Tales If you would like to support my work and help keep the podcast available and for free, there are several ways you can support the show. ·        You can support the show as a supporter on Patreon and receive a host of bonuses including Patron only episodes and special edits https://www.patreon.com/sleepytimetales ·        If you're enjoying Sleepy Time Tales and would like to make a financial contribution, but would rather not commit to a monthly payment then you can throw a tip in the jar at paypal.me/sleepytimetales ·        Get yourself a set of SleepPhones, headphones designed specially for your needs as an insomniac who likes to listen to something to help you sleep, take a look at https://sleepytimetales.net/sleepphones ·        Or check out our new Merch store up at TeePublic where you can buy Sleepy Time Tales merch or even cool works from other creators. Go to https://www.teepublic.com/?ref_id=25247   Patreon Sleep Tight Patrons Chris & Moya Chuck Mysti Roberta Charity Traci Emily Moya Brian Sandra Jillian Anita Demelza Carla     Please Share If you're enjoying the show, and finding it helps you sleep despite the stresses and strains of your life, the absolute best thing you can do is share it with your friends, families, acquaintances, cellmates etc. Anyone who needs a good night's sleep might benefit. So please share it with the people in your life, whether in person or on social media.     Find The Show Website: sleepytimetales.net Patreon: https://www.patreon.com/sleepytimetales Twitter: https://twitter.com/sleepytimetales Facebook: https://www.facebook.com/sleepytimetalespodcast/ YouTube: https://www.youtube.com/c/SleepyTimeTales Merch: https://www.teepublic.com/?ref_id=25247 Project Gutenberg Terms of Use https://www.gutenberg.org/wiki/Gutenberg:Terms_of_Use  

Hello Listener! In this episode, we will continue looking into CERN conspiracy theories! Thank you to supporter Mr. Wigglesworth for generating this episode in collaboration with me. From a time traveler who uses pigeons as secret weapons to the notorious Mandella Effect, we sure do have a lot to cover. This stuff gets so bizarre it should entertain anyone interested in oddity. Make sure to hold on to your pants, and not get swept away in the weird, and also ABSOLUTELY remember not to get paranoid. ENJOY! SOURCES: -QUANTUM CREATION -Robert Swerdlow -Thomas Horn, Josh Peck, Abaddon Ascending: The Ancient Conspiracy at the Center of CERN's Most Secretive Mission -Evelin Barta https://odysee.com/@EvelinBarta:2/cern-and-the-occult,-portals-and:7 -Extraordinary Popular Delusions and the Madness of Crowds -Tom Horn, On the Path of the Immortals -Thomas Horn, Josh Peck, Abaddon Ascending: The Ancient Conspiracy at the Center of CERN's Most Secretive Mission -David Flynn, Cydonia: The Secret Chronicles of Mars -Mark Flynn, In Forbidden Secrets of the Labyrinth -Dr. Michael S. Heiser, The Unseen Realm: Recovering the Supernatural Worldview of the Bible -Chuck Missler and Mark Easterman, Alien Encounters -Bob Mitchel, ANTICHRIST, THE VATICAN AND THE ALIEN/CERN DELUSION -RA AND THE STARGATE

More homeless people have been created due to the housing supply crisis. Homelessness is up 11% since last year, per the WSJ. The opioid crisis, consumer inflation, and NIMBYism have contributed too. California has the most homelessness on both a total and per capita basis. States with higher housing costs have more homeless people. I share our poll results: “Should we pay to house the homeless?” Are you a NIMBY? We find out today. We can increase housing supply with rezoning, construction training, and lower mortgage rates. The cycle of investor emotions led to wild investing manias. It was tulip bulbs in the 1600s Netherlands and Beanie Babies in the 1990s United States.  I discuss exactly why “buy low, sell high” is more difficult than it sounds. Timestamps: The correlation between homelessness and the housing market [00:00:00] Discusses the relationship between the housing market and the increasing problem of homelessness in America. Investing manias and lessons from history [00:00:00] Explores the phenomenon of investing manias and the lessons that can be learned from historical examples. The tight inventory market conditions and potential solutions [00:04:56] Lawrence Yun, Chief Economist of the National Association of Realtors, discusses the tight housing market conditions and suggests tax incentives to increase housing supply. Timestamp 1 [00:10:32] Affordability of moving to different cities and the proposal of a tax incentive for real estate investors. Timestamp 2 [00:11:49] Discussion on the housing supply crisis, mortgage rates, and the homeless population in the US. Timestamp 3 [00:14:14] Increase in homelessness in America, reasons behind it, and the correlation between housing prices and homelessness rates. The impact of high density housing on quality of life and home value [00:21:12] Discussion on the potential negative effects of building high density housing near single family homes, including reduced home value, increased traffic and noise, and loss of nearby open space. Alternative solutions to increase housing supply and reduce homelessness [00:23:30] Exploration of alternative measures to address homelessness, such as trade training for the homeless and relaxing excessive safety requirements in home building. Giving real change to the homeless [00:25:50] Encouragement to give directly to homeless shelters or soup kitchens instead of giving small change to individuals on the street, with the concept of "give real change not small change" explained. Note: The timestamps provided are approximate and may vary slightly depending on the podcast episode. The Origins of Tulip Mania [00:31:37] Tulips were introduced to Europe in the 1500s and became a luxury item for the affluent. The cultivation of tulips locally in the Netherlands led to a flourishing business sector. The Tulip Bubble [00:32:55] By 1634, tulip mania had swept through the Netherlands, with the demand for tulip bulbs exceeding supply. Prices reached exorbitant levels, and futures contracts were being bought and sold. Lessons from Tulip Mania [00:37:53] Tulip mania serves as a model for financial bubbles, with similar cycles observed in other speculative assets like beanie babies, baseball cards, NFTs, and stocks. It highlights the dangers of excess, greed, and speculation without tangible value. The cycle of investor emotions [00:44:32] Explanation of the different stages of investor emotions, from optimism to panic, in relation to stock market investing. The peak of the stock market [00:46:43] Discussion on the peak of the stock market being the point of maximum financial risk and the difficulty of selling at the right time. Real estate as a stable investment [00:51:56] Comparison of real estate investment to speculative bubbles, highlighting the stability and income stream provided by real estate. Explains how the integration of HOA (Homeowners Association) helps maintain uniformity and cleanliness in the rental property investing world. Details about the upcoming real estate event [00:38:31] Promotion of a live event where listeners can learn about new construction fourplexes and have their questions answered in real time. Resources mentioned: Show Notes: www.GetRichEducation.com/463 Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text ‘FAMILY' to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  Top Properties & Providers: GREmarketplace.com GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold   Complete episode transcript:   Welcome to Get Rich Education. I'm your host, Keith Weinhold. America's homeless problem has become FRIGHTENING. I describe how that correlates… with the housing market.  Then, investing MANIAS. What drives people to spend more for one tulip flower bulb than they would for an entire luxury home?    And lessons you can learn that'll benefit you the rest of your life from other manias throughout history. All today, on Get Rich Education.   ___________   Welcome to GRE! From Seaford, DE to Carmel-by-the-Sea, CA and across 188 nations worldwide, you're listening to one of America's longest-running and most listened to shows on real estate investing. Along with plenty of ongoing hot takes on wealth mindset and the real estate economy.    I'm your host, Keith Weinhold.    See, the crash in the SUPPLY of available American homes is bad and it isn't just creating more upward prices, it's a contributor to homelessness.    Let's talk about some of the drivers of homelessness, understand the problem a little more, how many homeless people ARE there in America, and then… what can we do about it?   As you'll soon see, one prominent real estate industry influencer actually suggests that you actually SELL your rental single family homes in order to help serve the homeless. More on that shortly.    Also, I have the results from a GRE Instagram Poll. The poll question is: “Should we pay to HOUSE the homeless?”    And the answers that you - the GRE listeners gave… actually surprised me. I'll give you those super-interesting poll results later, because I have more to explain there.   But first, what IS a homeless person? Let's define it. I think most anyone knows that since it's a person without a home, it's thought of as living on the street.   Really, then, that person might not be homeless but “houseless” in a literal sense. Even if they live in a tent under a bridge, that is then, their home. Though it might be INADEQUATE housing.   More accurately, the unsheltered or undersheltered population could be more apropos.     Then there's vagrancy. A vagrant is defined as a person without a settled home OR regular work… who wanders from place to place and lives by begging.   So vagrants are PART of the homeless population then. This all helps DEFINE what we're discussing.   Now, the lack of available American housing supply - especially the affordable segment - is OBVIOUSLY a big contributor to homelessness.   For example, anymore, how many builders even construct a new-build entry-level home for $200 or 250K? Practically nobody… anywhere.   And just how bad is the supply problem now? Well, the NAR has been tracking housing supply since 1982 and it just hit its lowest level ever this summer - EVER - and that's in 40+ years of tracking.    That's one reason why just last week, it was announced that Warren Buffett is making a big bet on housing by investing in homebuilders.   Now to keep consistent with the same stats I've been reporting to you for you, to update that, again 1-and-a-half million available homes is the baseline supply. That's the long-term “normal” per the FRED Active listing count.   And through last month, it's still under 650,000. That is STILL a housing SUPPLY crash of 57% from its peak of 1 ½ million.   I want you & I to listen to this upcoming piece together. This recent interview with NAR Chief Economist Lawrence Yun is from the 8th of this month.   Yes, HE is the one that basically wants you to sell your SF rental properties. And he makes his case for an inducement to get you to do this. (Ha!)   He's not proposing anything COMPLETELY ludicrous. It's REALLY interesting. Listen closely for that.   This about 5 minutes in length and there's a lot of material here within this clip - a nutrient dense piece, so I've got SO much to say about this when I come back to comment.    [Yun clip]    Yeah, the NAR Chief Economist there talking about how, much like I have for years, great opportunity is in the Midwest and Southeastern parts of the US.    With this greater ability for people to work from anywhere, when people move in from the pricy coasts, it's sooo affordable to them.   Moving from Manhattan to Cincinnati feels incredibly affordable.  Moving from San Francisco to St. Louis feels like you've upgraded from serfdom to a kingdom. Moving from Boston to Jacksonville feels like a total life makeover.   That's why, here at GRE, we're focused on properties in those INbound destinations.    Before I continue, especially for those outside the US, I know that it seems a little odd that Ohio and Indiana are in what we call the Midwest when they're actually in the northeastern quadrant of the nation.   But the fact that they ARE midwestern states is rooted in history and in cultural tradition.   So, getting back some new angles on the housing supply crisis.   Lawrence Yun proposed that a tax incentive be introduced to unleash the inventory of SF rentals from individual REIs.    And says that there are over 20 million single-family housing units that are rented out.    If we reduced or canceled the capital gains tax & just got 1% of that inventory on the market, he states that that would help.   Well, yeah, but even that then would only put about 200,000 units of the market - and they'd get snatched up so fast.   Now, if mortgage rates come down to say, 5%, it would unleash both housing demand AND supply.    Both - like Lawrence Yun says. So it's not apparent that that would help this shortage, if both demand and supply go up.   In a nation of about one-third of a BILLION people now - that's how I like to express it this year - America now has one-third of a billion people… also known as 333 million - how many do you think are classified as homeless?   As you think about that - as you think about how many of America's 333 million Americans are homeless, this homeless population figure that I'm about to share with you is from HUD and it's through last year, so it's their latest year-end figure.    And I'll tell ya, it's hard to believe this number. The Department of Housing and Urban Development states that about 582,000 Americans are experiencing homelessness.   Now, how HUD does this is that their number is a snapshot of the homeless population as of a single night at the end of January each year.    The total number of people who experience homelessness for SOME PERIOD each year will be higher than that.   I just did the math and then that means that just 1 in every 572 Americans are homeless. C'mon. Do you believe that? Only one in every 572 Americans are homeless?   I might believe that it's something like more than 1 in 200. What are your thoughts?   Even HUD would probably concede that there are shortcomings in that stat and that it's only a starting point.   And over the last decade, according to HUD, the homeless population is little changed… apparently until just this past year.   Homelessness is surging in America. The number of people experiencing homelessness in the US has increased 11% so far this year over 2022. That would be the biggest jump by far in equivalent government records beginning in 2007.   Now this 11% homeless jump is according to a WSJ analysis of hundreds of smaller & local agencies.    Most  agencies say the alarming rise is because of the lack of affordable housing and rental units, and the ongoing opioid crisis.   Inflation is part of that affordable housing problem. Inflation widens the disparity between the haves and have-nots.   To cut some slack to census-type of surveying, homelessness can be hard to measure. Some live on skid row, some live in the woods, some homeless people live in their cars.    Some aren't interested in being counted. Others are essentially invisible. I mean, if someone's between jobs and needs to couch surf at their aunt and uncle's place for three months, are they homeless or not? So, to be sure, there's a lot of leeway in those numbers.   One in 572 as homeless - that should just be a minimum - a starting point in my opinion.   Now, homelessness broken down by STATE is really interesting.   California at 171,000, has the most of any state, more than double of next-most New York, and then Florida is third.   But let's break that down by rate - on a per capita basis. So… think of this as the highest CONCENTRATION of homeless:   Washington DC has 65 homeless per 10,000 people. That's not really a state though, so…   #1 on a per capita basis is STILL California, with 44 per 10,000. So California leads in the nation in homeless on both bases then - both absolute and relative.   The second highest rate is Vermont.  Third Oregon Fourth Hawaii Fifth is New York And then numbers 6 through 10 on the most homeless per capita are Washington, Maine, Alaska, Nevada, and Delaware.   Now, strictly anecdotally. You've probably seen just what I've seen in the last year-plus - more visible homeless people in your city and other cities.   The state with the FEWEST homeless of all 50 states is Mississippi - and see, housing is quite affordable there. MS is one of the most affordable states for housing.    There is at least SOME correlation between your cost of housing and homelessness.   Recently on our Instagram page, and the handle there is easy to remember - it's @getricheducation - if you want to participate in future polls, we ran a poll on homelessness.   Here is the poll question that we ran - and I'd like you to think about your answer to this too.   “Should we pay to house the homeless?”    That's the question.    And in polling, the way that the question is phrased, of course, can skew your answer.    See, if instead, we phrased it as, “Should the government house the homeless?” you might have more ‘yes' answers - even though it's the same question - because you FUND the government.    But the question as we phrased it: “Should we pay to house the homeless?” - it also showed a photo of vagrants on a street curb under the question.   Here we the results, which surprised me, to:  Should we pay to house the homeless?   Those answering “Yes” were just 6% The no's were 45% But we also had a third option: “It's complicated”. 48% answered with that option.   So again, just 6% of you said we should pay to house the homeless and 45% said “no”. “48% said it's complicated”.   In a way, that makes sense to me since we have a largely entrepreneurial, self-made type of audience. I thought that might have happened.   But what surprised me is in how emphatic it was. It was a landslide. 7 to 8 TIMES as many of you said we should not pay for the homeless as those that said we should.   Well, the reason that I added - and I'm the one that ran the poll myself - they're quick to do. I added the paying to house the homeless “It's complicated” option because it IS complicated… that WAS the most popular answer.   I mean, why should you go to work and pay to house a stranger that has no income because he or she doesn't want to work?   But what if they're disabled and they can kinda work but not really work… or a zillion other complications.    Substance abuse is obviously a big problem that keeps homeless people homeless… and there's a substantial thought paradigm that says, if they're an abuser, then why would I pay for THEIR housing?   Substance abuse is just one reason that there is a population that's VOLUNTARILY homeless. They don't want to have to comply with a group home's ban on substances.    I wanted to address the homeless problem somewhat today, because here we are on Episode 463 of a real estate show and this is the most that we've even discussed it.   I think the perspective it gives you is that it helps you be grateful for what you've got.    But it's abundance mentality here. You can be grateful for what you have and at the same time, grow your means.   What else would help with more housing supply which would also move us toward mitigating the homeless problem?   Well, we've already discussed a number of them so I'll only go in depth with some fresh angles here.   Obviously, more homebuilding. We've done episodes on how 3D printed homes and shipping container homes are not quick, easy answers. Tiny homes might be but then you could get into a zoning density problem again.   Just last week, my assistant brought me this Marketwatch article that reported that the average American home size is shrinking just a little & that often times, new-build houses tend to be a little closer together.   That's what gets us into relaxing zoning requirements. But you know something, OK, this is going to be interesting.    This plays into NIMBYism. Not In My Backyard: communities saying that they don't want high-density housing built next to them.    Now, I think that there are a lot of critics of NIMBYism. But the criticism comes from people that live far out of that area and aren't affected.   Let me just play a fun little experiment with you here. Let me paint a picture of a fictitious life for you and just… place yourself there.   Say that you live in a nice single-family home, with a quarter acre lot. It's not a sprawling estate but you've got a good measure of privacy that way.   You're in a SFH, quarter-acre lot and two car garage. That is classic suburbia.   And… just a hundred yards away from your home there's a big, wide-open field where you walk your dog and use as a little makeshift golf driving range or whatever. Nice open space nearby.   Say you've got a fairly idyllic life here. It's always been this way since you bought the home years ago.   Suddenly, in your neighborhood of all SFHs, you learn that they want to build a bunch of fourplexes in the nearby lot where you used to throw tennis balls to your dog.   What can that do to your quality of life & your home's value, now that a bunch of new fourplexes and eightplexes were built nearby?   It reduces your home's value because there are less valuable, high density properties nearby.   It also increases the amount of traffic & even noise in your neighborhood. Now you can't use that nearby park anymore - it's been all-built up with these higher-density apartments.   So, let me go back and ask - point blank - did you really want all those new high-density developments near your home?   If that made you uncomfortable, that's NIMBYism. So it's quite natural to evoke that feeling type. You're just a human being.   How else can we increase housing supply to help reduce homelessness?   NOT with rent control. Over time, capping the amount of rent that a LL can charge gives property owners no incentive to improve their property and neighborhoods end up dilapidated.   We need more training for tradesman and laborers. How about training the homeless for that? But then someone's got to pay for that training.   Another measure that's become ridiculous is that we've gotta relax these excessive safety requirements in homebuilding. Now, some safety is good.   But when every single home - entry-level and all needs to have fire-rated shingles and fired-rated doors and GFCI outlets and smoke detectors in every room and carbon monoxide detectors all over the place, sheesh! Well, that raises the cost of housing for everyone.   In some earthquake-prone areas, you've got to have seismic restraining straps on your water heater or you can't even sell your home. Do you know how big of an earthquake it would take to damage your water heater like that?   And an excessive safety PROPONENT might say, yeah, but did you hear about that one family that died ten years ago that would have lived if they had carbon monoxide detectors?   Well, the counterargument to that is, yeah, but what about all the homeless people that were exposed to the elements and died in the cold because they couldn't AFFORD the more basic housing, the prices of which have escalated for all this excessive safety stuff.   Are you saying a middle class person's life is worth more than a poor, homeless person's life? That's the counterargument.    Again, some safety is good. But we've gone overboard in too many places - in housing & beyond.   Rising housing costs keep people homeless. A few weeks ago, I did that episode about escalating insurance costs.   I now own some properties that have extremely low mortgage rates and the insurance has gone up to the point where I pay more in monthly escrow expenses than I do principal & interest.    But, hey. I'm not homeless, and if you're listening to this, neither are you.   So when it comes to helping the homeless in the short-term, that campaign called, “Give real change, not small change.” - that really resonates with me.   Don't give 5 bucks to a vagrant on the corner. That just keeps them showing up at that corner, plus they're going to spend your 5 bucks on a cheap bottle of Monarch vodka.   Instead, if you're going to give, give to a homeless shelter or soup kitchen.    That's what's meant by “Give real change, not small change.” And that's something actionable.   Coming up next, investing MANIAS. How wild it gets - paying more for a tulip flower than a SFH, shooting and killing someone over a Beanie Baby toy… and then I'm going to wrap it all up with what all this has to do with the cycle of your investor emotions.   Around here, we don't run ads for the Swiffer. This week's sponsors that support the show are people that I've personally done real estate business with myself and have benefited from.    Ridge Lending Group specializes in INVESTMENT property loans in nearly all 50 states. Start your prequalification at: RidgeLendingGroup.com    Then, for super-passive real estate returns, check out Freedom Family Investments. Right now, what you can do, is just text “FAMILY” to 66866.   I'm Keith Weinhold. You're listening to Get Rich Education. ___________ Welcome back to the GRE Podcast. I'm your host and my name is Keith Weinhold.    If you've got a friend or family member that you think would benefit from the knowledge drops here on the show, you can simply tell them to grab the free Get Rich Education mobile app.   That's a convenient option for listening every week for both iOS and Android.   Today's topics of homelessness and investing manias could very well bring a new audience here, so…    A little more about my backstory. I'm from PA but got my real estate comeuppance in Anchorage, Alaska of all places & grew out nationally & internationally from there. I had humble beginnings and wasn't born anywhere near wealthy. I had to figure out how to build it myself.   But see, if I were born wealthy, I wouldn't have learned how to build it, and then I wouldn't be of much help to you. Likewise, if you're building it yourself, you'll be able to help others too.   BTW, I was born in the same PA town as Taylor Swift.    Though she & I don't have much ELSE in common, I guess that she & I are both best-known for using a microphone.   Though I think that I'm about as likely to start using this microphone to sing into your ears like Taylor Swift does… as Taylor is to launch a real estate investing show.   For hundreds of years, the tulip has been one of the most-loved flowers in the Netherlands. It's an enduring icon - as synonymous with the country as clogs, windmills, bicycles, and cheese. The tulip has a long and storied history - including the infamous shortage in the 1600s known as “tulip mania”. If you're someone that has even a fleeting interest in investing, you should at least know what this is.   Tulips first appeared in Europe in the 1500s, arriving from the spice trading routes… and that lent this sense of exoticism to these imported flowers that looked like no other flower native to the continent. It's no surprise, then, that tulips became a luxury item destined for the gardens of the affluent.  According to The Library of Economics and Liberty, “it was deemed a proof of bad taste in any man of fortune to be without a collection of [tulips].” Hmmm. Well, following the affluent, the merchant MIDDLE classes of Dutch society sought to emulate their wealthier neighbors and also demanded tulips. So to start out with, it was purchased as a status symbol for the sole reason that it was expensive. But at the same time, tulips were known to be notoriously fragile, and would die without careful cultivation. In the early 1600s, professional cultivators of tulips began to refine techniques to grow and produce the flowers locally in the Netherlands. They established a flourishing business sector that persists to this day. By 1634, tulipmania swept through the Netherlands. The Library of Economics and Liberty writes, “The rage among the Dutch to possess tulip bulbs was so great that the ORDINARY INDUSTRY of the country was neglected, and the population, even to its lowest dregs, embarked in the tulip trade. Now, everyone's in - rich to poor. It's a little hard to say for sure how much people paid for tulips.  But Scottish journalist Charles Mackay, wrote an extremely popular 1841 book - you've probably heard of this book - it's called the Memoirs of Extraordinary Popular Delusions and the Madness of Crowds… It does give us some points of reference such that the best of tulips cost upwards of $1 million in today's money (but a lot of bulbs traded in the $50,000–$150,000 range).  By 1636, the demand for the tulip trade was so large that regular markets for their sale - like a little Dow Jones Industrial Average - got established on the Stock Exchange of Amsterdam, in Rotterdam, Haarlem, and other towns. It was at that time that PROFESSIONAL TRADERS got in on the action - that's all that some people do now - is trade tulips… and everybody appeared to be making money simply by possessing some of these rare bulbs.  Dutch speculators at the time spent incredible amounts of money on bulbs that only produced flowers for a Week—many companies were formed with the SOLE PURPOSE of trading tulips.  To everyone, at the time, it seemed that the price could only go up forever. Pretty soon, demand for tulips EXCEEDED THE AVAILABLE SUPPLY of tulips by so much that people were into buying futures contracts, basically saying, I'll pay you this much money TODAY for a tulip that you provide to me in 3 years. By the last 1630s, these futures contracts were like a crack that appeared in the price runup. Demand began to wane when people were just buying a token for a future tulip that hadn't even started growing yet.  People felt like they weren't buying anything tangible anymore. That's one factor that helped create an oversupply of tulips in the market and started depressing the prices. Supply caught up with - and exceeded - demand. A large part of this rapid decline was driven by the fact that people had purchased bulbs on credit, hoping to repay their loans when they sold their bulbs for a profit. But once prices started to drop, holders were forced to sell their bulbs at any price and to declare bankruptcy in the process. So people had begun buying tulips with leverage, using margined derivatives contracts to buy more than they could afford. But as quickly as the run-up began, confidence was dashed. By the end of 1637 is when prices began to fall and never recovered.   And the bubble burst. Buyers announced that they could not pay the high price previously agreed upon for bulbs, and that made the market fall apart.  While it wasn't actually a devastating occurrence for the entire nation's economy, it did undermine social expectations. The event destroyed relationships built on trust and people's willingness and ability to pay. It's been said that “the wealthiest merchants to the poorest chimney sweeps jumped into the tulip fray, buying bulbs at high prices and selling them for even more.” Well, this is what can happen - today it happens with financialization and nothing real backing up purchases. Tulipmania is a model for the general cycle of a financial bubble. That's what happened with Dutch tulips. Now, here in more recent times, similar cycles have been observed in the price of Beanie Babies, baseball cards - I got caught up in the baseball cards as a kid, owning more than 100,000 baseball cards at one time, also non-fungible tokens (NFTs), and shipping stocks.       The example of tulipmania is now used as a parable for other speculative assets, such as cryptocurrencies today or dotcom stocks from around the year 2000. So, when you hear someone likening an investment to a Dutch tulip bulb, now you'll know what they're talking about. It's a symbol of excess, greed, and FOMO. But there has been a good bit of more modern scholarship that tells you that tulip mania did indeed occur in the 1600s Netherlands. But that the tale has been exaggerated and it's something that the upper classes of society were mostly involved in. Now, that's the Dutch tulip bubble. But for a more modern-day parable about an investing mania, there's a new movie about the rise & fall of BEANIE BABIES that's on Apple TV+. These were little stuffed, plush toy animals that became more popular among adults than children. The rise and fall of Beanie Babies—toys that people mistakenly thought would make them rich. The movie is called “The Beanie Bubble”.  It's a MOSTLY TRUE account of the lovable toys' boom and bust in the '90s -  comparable to the meme stock frenzies that took place during the Covid-19 pandemic. These $5 pellet-stuffed plush toys had astronomical appreciation estimates: Stripes the Tiger, released in 1996, was predicted by collectors to surge from $5 to $1,000 by 2008.  Forecasts like these were so enticing that one dad invested his kids' college funds in Beanie Babies, thinking he'd resell them later for a hefty profit. At the height of the frenzy, people were ruining relationships and committing felonies to get their hands on some of these sacks of fuzz. Border officials confiscated more than 8,000 smuggled Beanie Babies at a US–Canada border crossing in 1998. A West Virginia man shot and killed a former coworker in 1999 after an argument partly about $150 worth of Beanie Babies. That same year, a divorcing couple couldn't agree on how to split up their collection, so the judge made them divvy up the toys in person, right on the courtroom floor. How did that all happen? Barely anyone cared about Beanie Babies when a company called Ty Inc. launched them in 1994. Stores only got lines out the door once the toy's creator, now-billionaire Ty Warner, began pulling strings to juice demand. Here's what Warner did. OK, so here's how you induce people into a speculative bubble. He refused to stock Beanie Babies at Toys R Us and Walmart. Instead he created an illusion of rarity by only selling them at small toy stores and independent shops. Even if you did find a retailer, every store's supply of Beanie Babies was limited to 36 of each animal, so inventory restocks drew a crowd. This, combined with Warner's decision to start “retiring” certain animals in 1995, created artificial scarcity and a mass panic to stock up on Beanie Babies.  Soon, an aggressive resale market was born, replete with magazines and blogs and even trade shows for these Beanie Babies. One woman's guide to the secondary Beanie Babies market got so popular that she was selling 650,000 copies per month and, on many days, she did two or three radio interviews before her kids woke up for school. Ty Inc. later gave her an award for boosting sales. At Peak Beanie mania, Ty Inc. and legions of speculators actually made hordes of money: The stuffed animals accounted for 6% of eBay's sitewide sales in 1997 and 10% in 1998. Beanies averaged a resale value of $30—six times their retail price—but rare ones, like the Princess Diana bear, went for hundreds or thousands of dollars (and now you can find one online for $15 bucks). Ty Inc. hit $1.4 billion in sales in 1998, which is what Mattel grossed in Barbie dolls in 1995. At the end of the year, Ty Warner gave all ~250 employees holiday bonuses equal to their annual salaries. But most regular people didn't sell their Beanie Babies at their peak price. And unfortunately for them, the hype subsided. Anticipating a drop in interest as more kids reached for Pokémon and Furbies, Ty Inc. announced it would stop making Beanie Babies at the end of 1999, and that poked a hole in collectors' this-will-never-not-be-popular mentality and that sent demand plummeting. There were no underlying fundamentals to Beanie Babies' value. That's all that I've got on that speculative craze.   So let's review how this happened with both speculative crazes - Dutch tulips and Beanie Babies: Investors lose track of rational expectations. Psychological biases lead to a massive upswing in the price of an asset or a sector. A positive-feedback cycle keeps inflating prices. And soon, investors realize that they are holding an irrationally-priced asset. Prices collapse due to a massive sell-off, and an overwhelming majority go bankrupt. Now, much stock market investing is based off of buy low and sell high mentality. And stock investors can get caught up in similar crazes.    But because many stocks are tied to productive companies, the stock investor deals with smaller bubbles. A lot of times, the stock price can double, triple, or even 10X even though that company is not even profitable. Buy low & sell high. Well, that sounds easy. But why is this harder to do than it sounds? It's called the cycle of investor emotions.   It starts here with… optimism. Because you HEAR about 10% stock returns or people making money with Dutch tulips or Beanie babies.    Let's say that you aren't fully invested in the stock market. But some friends are, and they're achieving small gains.   Then comes excitement. The market is now up some more. Hey, what's in motion tends to stay in motion.   More friends are telling you how much money they're "making".    You're soon experiencing a full-blown case of FOMO—Fear Of Missing Out.   The next stage is the Thrill you feel. So you jump into the stock market fully, rationalizing with something like, "Hey, I'm a momentum investor". Sounds pretty good, I guess.   Now that you're in, it actually feels fantastic to you for a short time. You figure that some days, you're making more from stocks than your job. Winning activates dopamine.    Dopamine is a brain chemical that's known as the “feel-good” hormone. It gives you a sense of pleasure. It also gives you the motivation to DO SOMETHING when you're feeling the pleasure.    So then, you add MORE shares… at an elevated price until you are FULLY invested. Now everyone is "making money", even your Uber driver.   The next stage is Euphoria - The peak! As you can see, this is the Point of Maximum Financial Risk.    OK, now, remember the simplicity of “buy low, sell high”?   Well then, savvy stock investors should now be SELLING here in my example - at the HEIGHT.   Now be “selling”? Leaving the party at its crescendo? Stopping the dopamine flow? Yes, exactly… and THAT'S why it's so difficult.    What happens after the stock market peak? Overbought, with bloated price-to-earnings ratios, the market soon drops 10% from its recent high.    That's what's known as a correction - a drop of 10% or more. Now you feel a little ANXIETY. Your dopamine flow is stifled.   Next, you tell yourself, "I shouldn't be worried because I'm a long-term investor." It's down 15%. You're experiencing DENIAL & FEAR.   Now you're checking the Robinhood app almost hourly to see if it will recover.   Next, comes Desperation & Panic - Stocks are down 20%, that's the definition of a bear market. You're devoting more mindshare to this each day than what's healthy.   Then there's Capitulation - Down 30%, you finally surrender to a FEAR of FURTHER LOSS. You're getting so sick of months of losing. You finally do it and cash out your stocks into a safe money market fund. Now you're out.   And you rationalize and justify doing this because you tell yourself, "You know, at least when I wake up tomorrow, I'll know that I haven't lost money AGAIN. And THAT gives me certainty.”    The next stage in the Cycle of Investor Emotions is Despondency - You realize that what you've done is the polar opposite of successful investing. It's complete. You've now bought high… and then sold low.    Next, stocks completely bottom out. But this is actually the Point of Maximum Financial Opportunity. Instead, you should be buying.   But you can't. Because you're experiencing the next investor stage - Depression. You're so full of contempt for the situation that the idea of actually buying at bargain-basement levels again is simply inconceivable. You've been burnt badly.   Then, there's Hope & Relief - The market has begun ticking up after the crash. It soon should be clear that share prices are FAIRLY VALUED again.    But you don't buy the recovery story. You wait until enough price growth occurs that the confidence and Optimism stage is felt again before you'll even consider getting back in and buying.   And the entire pattern repeats.   That's the “cycle of investor emotions”. There's an average of 3-and-a-half years between each stock bear market, BTW.   Of course, we've been kind to call this all “investing”. It's more like speculating.   But here's the real problem—most investors THINK they're better than average stock pickers, so they keep playing this game. This effect has a name. It's called illusory superiority.   It's like how at least 70% of people think they're better than average drivers, despite the statistical impossibility.   Even professional money managers fall prey to this! Fewer than 10% of active U.S. stock funds manage to beat THEIR benchmarks.   The renowned British economist and value investor Benjamin Graham once said: "The investor's chief problem—even his worst enemy—is likely to be HIMSELF." Well, as real estate investors, we largely SIDESTEP the cycle of investor emotions for two main reasons.   Returns are more stable.   Real estate, we sidestep this emotional roller coaster. Not only do we have stable prices, but appreciation is one of just 5 ways that you're simultaneously paid.   RE also has monthly income. Dutch tulips or Beanie Babies don't pay you a durable monthly income stream. They don't provide an income stream at all.   And finally, RE is a REAL asset that fulfills a REAL human need.   I hope that you enjoyed this journey through speculative bubbles today and how they play into human psychology and investor emotions.   Go ahead and tell a friend about Get Rich Education.   If you've got a friend or family member that you think would benefit from the knowledge drops here on the show, you can simply tell them to grab the free Get Rich Education mobile app.   That's a convenient option for listening every week for both iOS and Android.   My name's Keith Weinhold and I'll be back with you right here… next week. Don't Quit Your Daydream!

This week Angie and Stevens finish “The Resurrection of Jesus, Myth?” with the 3rd and final part of the series where they conclude, providing the evidence for the life, death and resurrection of Jesus from non-Christian, haters of Christianity, and the source list below so that anyone else can verify the information for themselves. References:1. Habermas, Gary. The Risen Jesus and Future Hope. (September 8, 2003)2. J, Warner Wallace. Cold-Case Christianity: A Homicide Detective Investigates the Claims of the Gospels. (January 1, 2003)3. Dunn, James DG., ed. The Cambridge Companion to St. Paul, Cambridge: Cambridge University Press, (2003)4. F. F. Bruce, Jesus and Christian Origins Outside the New Testament (Grand Rapids, Michigan: William B. Eerdmans Publishing Company, 1974)5. Flavius Josephus, Antiquities of the Jews, Book 18, AD 93, chapter 36. A. J. Levine, D. C. Allison & J. D. Crossan, The historical Jesus in context, Volume 12, Princeton University Press, 2006. p 4057. British Museum, Syriac Manuscript, Additional 14,6588. Tacitus, Annals, AD 116, book 15, chapter 449. Lucian, The Death of Peregrine, 11-13.10. Tertullian, Apologeticus, Chapter 21, 1911. Origen, Against Celsus, Book 2.3312. Celsus, Contra Celsum 6.3413. The Babylonian Talmud, transl. by I. Epstein (London: Soncino, 1935), vol. III, Sanhedrin 43a, 28114. Gary R. Habermas, The Historical Jesus: Ancient Evidence for the Life of Christ. College Press Publishing Company, Inc.; 2011th edition (3 June 1996)15. Bart Ehrman, The Historical Jesus: Lecture Transcript and Course Guidebook, Part 2 of 2 (Chantilly, VA: The Teaching Company. 2000), pg. 162.16. F, Morrison. Who Moved the Stone?: A Skeptic Looks at the Death and Resurrection of Christ. (27 July, 1987)17. Catherine M. Murphy, The Historical Jesus For Dummies, For Dummies Pub., 2007. p 1418. Josephus, Antiquities, 4.8.1552. Wright, NT. The New Unimproved Jesus, Christianity Today (September 13, 1993), p.2619. National Health Service of the United Kingdom, Hallucinations and Hearing Voices. NHS UK, accessed (1 October 2019) https://www.nhs.uk/conditions/hallucinations.20. Charles Mackey. Memoirs of Extraordinary Popular Delusions and the Madness of Crowds (London, Office of the National Illustrated Library, 1852).21. Lee Strobel. The Case for Christ (Grand Rapids, MI: Zondervan, 1998), p. 238.22. Ludemann, Gurd, What Really Happened to Jesus: A Historical Approach to the Resurrection, 1995, pg. 8023. Kastensmidt, S. Truth Unearthed: Archaeology & the Bible. Examining the evidence: part 5. Reliability of the New Testament Scriptures. Rio Vista Community Church, 201624. Daniel B. Wallace, Reinventing Jesus: How Contemporary Skeptics Miss the Real Jesus and Mislead Popular Culture. Kregel Publications (May 9, 2006)25. Bart. D. Ehrman. Misquoting Jesus: The Story behind Who Changed the Bible and Why. 2006 pg. 5526. Bart. D. Ehrman. Misquoting Jesus: The Story behind Who Changed the Bible and Why. 2006 Appendix pg. 252–25327. Craig, W. Reasonable Faith. (June 9, 2008)28. Daniel B. Wallace, Reinventing Jesus: How Contemporary Skeptics Miss the Real Jesus and Mislead Popular Culture. Kregel Publications (May 9, 2006)29. Habermas, G. R. (1996). The Historical Jesus: Ancient Evidence for the Life of Christ (pp. 142-170). Joplin, MO: College Press Publishing Company30. James D.G. Dunn, Jesus Remembered: Christianity in the Making, vol. 1 (Grand Rapids: Eerdmans, 2003, p. 55, 85531. Dr. Edwin Yamauchi, Easter - Myth, Hallucination or History? Christianity Today (March 15; 1974; and March 24, 1974)32. Gary Habermas and Michael Licona, The Case for the Resurrection of Jesus (Grand Rapids, Michael Kregel, forthcoming)SUPPORT THIS PODCAST/MINISTRY at www.christalonenetwork.com/giveFeatured Ad: www.renewedmindsets.comQuestions/Suggestions: www.christalonenetwork.com/contactPrayer Request: www.christalonenetwork.com/prayerImmediate Contact: call/text 407-796-2881

This week Angie and Stevens finish “The Resurrection of Jesus, Myth?” with the 3rd and final part of the series where they conclude, providing the evidence for the life, death and resurrection of Jesus from non-Christian, haters of Christianity, and the source list below so that anyone else can verify the information for themselves. Please call/text for any questions, suggestions or prayer requests at 407-796-2881 or find us at www.linktr.ee/ChristAlone References: 1. Habermas, Gary. The Risen Jesus and Future Hope. (September 8, 2003) 2. J, Warner Wallace. Cold-Case Christianity: A Homicide Detective Investigates the Claims of the Gospels. (January 1, 2003) 3. Dunn, James DG., ed. The Cambridge Companion to St. Paul, Cambridge: Cambridge University Press, (2003) 4. F. F. Bruce, Jesus and Christian Origins Outside the New Testament (Grand Rapids, Michigan: William B. Eerdmans Publishing Company, 1974) 5. Flavius Josephus, Antiquities of the Jews, Book 18, AD 93, chapter 3 6. A. J. Levine, D. C. Allison & J. D. Crossan, The historical Jesus in context, Volume 12, Princeton University Press, 2006. p 405 7. British Museum, Syriac Manuscript, Additional 14,658 8. Tacitus, Annals, AD 116, book 15, chapter 44 9. Lucian, The Death of Peregrine, 11-13. 10. Tertullian, Apologeticus, Chapter 21, 19 11. Origen, Against Celsus, Book 2.33 12. Celsus, Contra Celsum 6.34 13. The Babylonian Talmud, transl. by I. Epstein (London: Soncino, 1935), vol. III, Sanhedrin 43a, 281 14. Gary R. Habermas, The Historical Jesus: Ancient Evidence for the Life of Christ. College Press Publishing Company, Inc.; 2011th edition (3 June 1996) 15. Bart Ehrman, The Historical Jesus: Lecture Transcript and Course Guidebook, Part 2 of 2 (Chantilly, VA: The Teaching Company. 2000), pg. 162. 16. F, Morrison. Who Moved the Stone?: A Skeptic Looks at the Death and Resurrection of Christ. (27 July, 1987) 17. Catherine M. Murphy, The Historical Jesus For Dummies, For Dummies Pub., 2007. p 14 18. Josephus, Antiquities, 4.8.15 52. Wright, NT. The New Unimproved Jesus, Christianity Today (September 13, 1993), p.26 19. National Health Service of the United Kingdom, Hallucinations and Hearing Voices. NHS UK, accessed (1 October 2019) https://www.nhs.uk/conditions/hallucinations. 20. Charles Mackey. Memoirs of Extraordinary Popular Delusions and the Madness of Crowds (London, Office of the National Illustrated Library, 1852). 21. Lee Strobel. The Case for Christ (Grand Rapids, MI: Zondervan, 1998), p. 238. 22. Ludemann, Gurd, What Really Happened to Jesus: A Historical Approach to the Resurrection, 1995, pg. 80 23. Kastensmidt, S. Truth Unearthed: Archaeology & the Bible. Examining the evidence: part 5. Reliability of the New Testament Scriptures. Rio Vista Community Church, 2016 24. Daniel B. Wallace, Reinventing Jesus: How Contemporary Skeptics Miss the Real Jesus and Mislead Popular Culture. Kregel Publications (May 9, 2006) 25. Bart. D. Ehrman. Misquoting Jesus: The Story behind Who Changed the Bible and Why. 2006 pg. 55 26. Bart. D. Ehrman. Misquoting Jesus: The Story behind Who Changed the Bible and Why. 2006 Appendix pg. 252–253 27. Craig, W. Reasonable Faith. (June 9, 2008) 28. Daniel B. Wallace, Reinventing Jesus: How Contemporary Skeptics Miss the Real Jesus and Mislead Popular Culture. Kregel Publications (May 9, 2006) 29. Habermas, G. R. (1996). The Historical Jesus: Ancient Evidence for the Life of Christ (pp. 142-170). Joplin, MO: College Press Publishing Company 30. James D.G. Dunn, Jesus Remembered: Christianity in the Making, vol. 1 (Grand Rapids: Eerdmans, 2003, p. 55, 855 31. Dr. Edwin Yamauchi, Easter - Myth, Hallucination or History? Christianity Today (March 15; 1974; and March 24, 1974) 32. Gary Habermas and Michael Licona, The Case for the Resurrection of Jesus (Grand Rapids, Michael Kregel, forthcoming) --- Send in a voice message: https://podcasters.spotify.com/pod/show/christalone/message Support this podcast: https://podcasters.spotify.com/pod/show/christalone/support

Memoirs of Extraordinary Popular Delusions — Volume 3

The Dutch tulip bulb market bubble, also known as tulipmania, was one of the most famous market bubbles and crashes of all time. It occurred in Holland during the early to mid-1600s, when speculation drove the value of tulip bulbs to extremes. At the market's peak, the rarest tulip bulbs traded for as much as six times the average person's annual salary.Today, the story of tulipmania serves as a parable for the pitfalls that excessive greed and speculation in investing can lead to, but was the story true?In today's video we look at the story of Tulip Mania as told by Charles Mackay in his book Extraordinary Popular Delusions and the Madness of Crowds, and learn that Charles Mackay was maybe not as good as you might expect at spotting bubbles.Patrick's Books:Statistics For The Trading Floor:  https://amzn.to/3eerLA0Derivatives For The Trading Floor:  https://amzn.to/3cjsyPFCorporate Finance:  https://amzn.to/3fn3rvCPatreon Page: https://www.patreon.com/PatrickBoyleOnFinanceVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoylePatrick Boyle YouTube Channel Support the show

En 1637 à Alkmaar au nord d'Amsterdam, certains bulbes valaient très cher, parfois 100 fois leur poids en or. Cette folle histoire semble être connue comme la première bulle spéculative, on en parle dans les cours aux futurs « courtiers » afin de toujours garder en mémoire cette folie qui s'est emparée des marchands, poussant certains à la faillite ou au suicide. Mais est-ce bien vrai tout ça? Adhérez à cette chaîne pour obtenir des avantages : https://www.youtube.com/channel/UCN4TCCaX-gqBNkrUqXdgGRA/join Pour soutenir la chaîne, trois choix: 1. Cliquez sur le bouton « Adhérer » sous la vidéo. 2. Patreon: https://www.patreon.com/hndl 3. UTip: https://utip.io/lhistoirenousledira Avec: Laurent Turcot, professeur en histoire à l'Université du Québec à Trois-Rivières, Canada Avec l'aide de Catherine Tourangeau Musique issue du site : epidemicsound.com Abonnez-vous à ma chaine: https://www.youtube.com/c/LHistoirenousledira Facebook: https://www.facebook.com/histoirenousledira Instagram: https://www.instagram.com/laurentturcot Les vidéos sont utilisées à des fins éducatives selon l'article 107 du Copyright Act de 1976 sur le Fair-Use. Pour aller plus loin: Goldgar, Anne, Tulipomania: Money, Honor, and Knowledge in the Dutch Golden Age, University of Chicago Press, Chicago, 2007 ; Mackay, Charles, « Memoirs of Extraordinary Popular Delusions and the Madness of Crowds », 1841, Richard Bentley Dash, Mike, Tulipomania, Three Rivers Press, New York, 2000; https://www.barnebys.fr/blog/la-tulipomanie-premiere-bulle-speculative https://www.les-investisseurs.com/bourse/tulipomanie/ https://www.fluwel.fr/tulipomanie https://www.dejonghe-finance.com/wp-content/uploads/2017/07/Tulipomanie.pdf https://www.lalanguefrancaise.com/dictionnaire/definition/tulipomanie https://conseils-jardin.willemsefrance.fr/qu-est-ce-que-la-tulipomanie/ https://www.cafedelabourse.com/dossiers/article/bulles-financieres-la-crise-de-la-tulipe https://www.techno-science.net/glossaire-definition/Tulipomanie-page-4.html https://culturezvous.com/1637-economie-crise-tulipe/ https://www.dna.fr/culture-loisirs/2021/02/06/6-fevrier-1637-la-crise-des-tulipes-premier-krach-boursier-de-l-histoire https://ici.radio-canada.ca/nouvelle/1099522/festival-tulipes-ottawa-histoire-hollande-royaute-archives https://www.lajoiedesfleurs.fr/les-origines-de-la-tulipe https://www.aujardin.info/fiches/tulipe-histoire.php https://www.lalibre.be/economie/entreprises-startup/2010/07/12/la-tulipe-au-prix-de-lor-PC6L2N3ICRH4TLS5LQNTBXB2S4/ #histoire #documentaire

Andrew For America discusses the crimes of the intelligence community, the coming "dollar exit," and how the governments of the world are beginning to visibly tyrannize their people through forced vaccination programs, soon to be implemented austerity measures, and "sanctioned" scarcity. Andrew also introduces and recommends the book, "Extraordinary Popular Delusions and The Madness of Crowds" by Charles Mackay. The song selections are the songs, "Media Circus" and "Gutter Blues" by the band Smash TV. --- Support this podcast: https://anchor.fm/andrew-foramerica/support

Episode 129: Jack Pitts, a former hedge fund portfolio manager comes back on the podcast to talk about his prior experiences during the late 1990's as a hedge fund manager during the dot-com boom. Jack goes over some of the investments he was a part of such as Amazon, Expedia, PayPal and more. Jack also gives his take on historic lessons from classic bubble examples such as Tulipomania and the South Sea Bubble. BSV Global Blockchain Convention in Dubai on May 24-26, 2022Social MediaJack PittsTwitter: equitydiamondsLinkedin: John "Jack" PittsSLicktionary.comBooks mentioned in the podcast episode:Extraordinary Popular Delusions and The Madness of Crowd

First published in 1841, Extraordinary Popular Delusions and the Madness of Crowds is often cited as the best book ever written about market psychology. This Harriman House edition includes Charles Mackay's account of the three infamous financial manias - John Law's Mississipi Scheme, the South Sea Bubble, and Tulipomania. Between the three of them, these historic episodes confirm that greed and fear have always been the driving forces of financial markets, and, furthermore, that being sensible and clever is no defence against the mesmeric allure of a popular craze with the wind behind it. In writing the history of the great financial manias, Charles Mackay proved himself a master chronicler of social as well as financial history. Blessed with a cast of characters that covered all the vices, gifted a passage of events which was inevitably heading for disaster, and with the benefit of hindsight, he produced a record that is at once a riveting thriller and absorbing historical document. A century and a half later, it is as vibrant and lurid as the day it was written. For modern-day investors, still reeling from the dotcom crash, the moral of the popular manias scarcely needs spelling out. When the next stock market bubble comes along, as it surely will, you are advised to recall the plight of some of the unfortunates on these pages, and avoid getting dragged under the wheels of the careering bandwagon yourself.

Workshop tour and show & tell by Richard Minsky

Joe Reinhardt is a lifetime member of Atheists of Florida. He has contributed much to the success and history of the organization. In this open discussion, he talks about witchcraft, using 2 reference materials which are available on Project Gutenberg (https://www.gutenberg.org/) A History of the Warfare of Science with Theology in Christendom chapter 16 Extraordinary Popular Delusions and the Madness of Crowds page 462 ATHEISTS OF FLORIDA Almost every week you'll find new content from #AoF posted on our YouTube channel (https://www.youtube.com/c/AtheistsofFlorida) and available on your favorite podcast service. We have a discussions and talks on a variety of subjects: #atheism, #humanism, #skepticism, #science, #philosophy. --- Send in a voice message: https://anchor.fm/free2think/message Support this podcast: https://anchor.fm/free2think/support

Newly widowed women began to fill the streets of 17th century Rome. This prompted an investigation into their late husbands' deaths that would uncover a legendary poison that struck fear in the hearts of abusive husbands everywhere. For over 350 years, the poison Aqua Tofana has been linked to the infamous Giulia Tofana, who confessed to killing over 600 men. But how much of this is actually true?  Sources:Barker, Sheila. “The Art of Poison.” The Florentine, September 4, 2008. https://www.theflorentine.net/2008/09/04/the-art-of-poison/. Bisset, Andrew. Essays on Historical Truth. London: Longmans, Green, and Co., 1871. Carlton, Genevieve. “Meet The Woman Who Poisoned Makeup To Help Over 600 Women Murder Their Husbands.” Medium, March 2, 2018. https://medium.com/@editors_91459/meet-the-woman-who-poisoned-makeup-to-help-over-600-women-murder-their-husbands-cfb03929c36d. Cooper, Alexia, and Erica L Smith. “Homicide Trends in the United States, 1980-2008 Annual Rates for 2009 and 2010.” U.S. Department of Justice, November 2011. https://bjs.ojp.gov/content/pub/pdf/htus8008.pdf. Dash, Mike. “Aqua Tofana: Slow-Poisoning and Husband-Killing in 17th Century Italy.” A Blast from the Past, April 6, 2015. https://mikedashhistory.com/2015/04/06/aqua-tofana-slow-poisoning-and-husband-killing-in-17th-century-italy/. Elhassan, Khalid. “History's Most Prolific and Deadly Female Poisoner Helped Women Get Rid of Their Husbands.” History Collection, April 18, 2019. https://historycollection.com/historys-most-prolific-and-deadly-female-poisoner-helped-women-get-rid-of-their-husbands/3/. Hayes, A. Wallace, and Claire L Kruger, eds. Hayes' Principles and Methods of Toxicology. 6th ed. Boca Raton: CRC Press, 2014. “La Leggenda Dell'Acqua Tofana e La Vera Storia Delle Donne Che La Crearono.” Fiore Avvelenato, December 15, 2019. https://fioreavvelenato.com/2019/12/15/leggenda-acqua-tofana-vera-storia-donne/. Mackay, Charles. Memoirs of Extraordinary Popular Delusions and the Madness of Crowds. 1. Vol. 1. London: Robson, Levey, and Franklyn, 1852. McKennett, Hannah. “Meet Giulia Tofana: The 17th-Century Professional Poisoner Said To Have Killed 600 Men.” All That's Interesting, June 1, 2020. https://allthatsinteresting.com/giulia-tofana. Millar, Judy. “The Woman Whose ‘Cosmetics' Poisoned Over 600 Unwanted Husbands.” History of Yesterday, August 25, 2020. https://historyofyesterday.com/the-woman-whose-cosmetics-poisoned-over-600-unwanted-husbands-f14456cd8dfa. Monson, Craig A. The Black Widows of the Eternal City: The True Story of Rome's Most Infamous Poisoners. Ann Arbor: University of Michigan Press, 2020. Zheng, Shannon. “This Woman's Side Hustle Killed over 600 Abusive Husbands in 17th Century Italy.” The Tempest, September 4, 2020. https://thetempest.co/2020/09/04/history/giulia-tofana-professional-poisoner/. Music: Dellasera by Shane Ivers - https://www.silvermansound.comFor more information, visit www.oldbloodpodcast.com

Is investing the same as gambling? Bill and Anastasia dive into a topic that has come up in separate conversations with millennials about cryptocurrency trading. They start by defining investing, gambling, and speculating, then launch into a discussion of casino gambling, sports betting, why people may conflate investing with gambling, and why the rise of Bitcoin seems to be affecting how millennials view the stock market. Anastasia discusses risk tolerance and the importance of beating inflation. Bill provides long-term perspective on speculative bubbles and his thoughts on the bull market we've been living in since 2009.  For more information: -If you have not listened to Creating Wealth's two-parter on Cryptocurrency Explained or Risk Tolerance, these make good companion episodes to this one. -Bill also highly recommends two books:  Reminiscences of a Stock Operator by Edwin Lefevre and Extraordinary Popular Delusions and Madness of Crowds by Charles Mackay. For questions and comments, you can email us at askcreatingwealth@taberasset.com.

If you're enjoying the Hardcore Literature Show, there are two ways you can show your support and ensure it continues: 1. Please leave a quick review on iTunes. 2. Join in the fun over at the Hardcore Literature Book Club: patreon.com/hardcoreliterature Thank you so much. Happy listening and reading! - Benjamin

In 1841 Scotsman Charles Mackay published his enduring and engaging work about popular madnesses across Europe and America. Alongside Dutch tulipmania Mackay noted German and American witch madness and he even had some words about alchemists. It remains a relevant work even into the 21st century and deserves to be called a classic.

David DeRosa, author of “Bursting the Bubble: Rationality in a Seemingly Irrational Market,” a new monograph from the CFA Institute Research Foundation, discusses his conclusions on whether speculative bubbles exist in the stock market.   ▶️ Subscribe to the Take 15 Podcast YouTube channel: https://www.youtube.com/channel/UCA3HUMuK4FSp_CvQH_2Ji7g?app=desktop   

This podcast the cycle a stock goes through when the price of its shares becomes a large multiple of its capacity to generate income. The current market is at the same insane levels that we have seen in the last two decades. The subsequent fallout seeks to push the stock back down to a level that attracts new value-based investors. In the case of many dot.com companies, the value was zero. Wonder how this reflects on cryptocurrencies? (the title is lifted from the 1841 book, Extraordinary Popular Delusions and the Madness of Crowds) --- Send in a voice message: https://anchor.fm/riskpearlswisdom/message

Using the NBA's LeBron James and Steph Curry as the figures in his morality tale, Bob discusses the conservatives ill-equipped "process" approach to a moral question. Then Bob draws from Jordan Peterson 2019 audio and the 1841 classic "Extraordinary Popular Delusions and the Madness of Crowds", to explain and condemn the current covid, BLM, socialist, and fake news madness. Today's Resource: God's Principles of Government Join Bob Enyart as he explores God's Principles of Government. From Against Democracy where we look at the biblical principles related to the idea of majority rule, to a Representative Republic and its similarities with democracy, to a real Alternative to Democracy, to what a Bible-based Constitution actually looks like, after this series, the Scriptures' principles of governance will permeate your thinking like never before! Or your money back. (Really.)

Kevin Duffy & Dr. Quinton Hennigh return. America is losing its First Amendment, the key to what made it a great nation. What has evolved is economic fascism. Large corporate monopolies & media collude with elite members of the Intelligence community to silence not only economic competition but competing ideas. When everyone is thinking alike, no one is actually thinking. In truth, freedom of economic speech was curtailed to a great extent in 1971 when gold was detached from the international monetary system. That began the process of a slow but steady destruction of the free market speech to determine the actual cost of capital. Kevin will help us understand the connection between a loss of economic free speech and increasing financial market insanity evidenced by the recent GameStop debacle. Given the mess our economy and markets are in, we will ask Kevin how to navigate this very unstable world. Dr. Hennigh will join me to update us on progress being made by Irving Resources.

Kevin Duffy & Dr. Quinton Hennigh return. America is losing its First Amendment, the key to what made it a great nation. What has evolved is economic fascism. Large corporate monopolies & media collude with elite members of the Intelligence community to silence not only economic competition but competing ideas. When everyone is thinking alike, no one is actually thinking. In truth, freedom of economic speech was curtailed to a great extent in 1971 when gold was detached from the international monetary system. That began the process of a slow but steady destruction of the free market speech to determine the actual cost of capital. Kevin will help us understand the connection between a loss of economic free speech and increasing financial market insanity evidenced by the recent GameStop debacle. Given the mess our economy and markets are in, we will ask Kevin how to navigate this very unstable world. Dr. Hennigh will join me to update us on progress being made by Irving Resources.

In 1759, ghostly rappings started up in the house of a parish clerk in London. In the months that followed they would incite a scandal against one man, an accusation from beyond the grave. In this week's episode of the Futility Closet podcast we'll tell the story of the Cock Lane ghost, an enduring portrait of superstition and justice. We'll also see what you can get hit with at a sporting event and puzzle over some portentous soccer fields. Intro: In 1967 British artists Terry Atkinson and Michael Baldwin offered a map that charts its own area. In 1904 Henry Hayes suggested adding fake horses to real cars to avoid frightening real horses. Sources for our feature on the Cock Lane Ghost: Douglas Grant, The Cock Lane Ghost, 1965. Oliver Goldsmith, "The Mystery Revealed," in The Works of Oliver Goldsmith, Volume 4, 1854. James Boswell, The Life of Samuel Johnson, LL.D., Volume 1, 1791. Charles MacKay, Memoirs of Extraordinary Popular Delusions and the Madness of Crowds, 1852. Andrew Lang, Cock Lane and Common-Sense, 1894. Roger Clarke, A Natural History of Ghosts: 500 Years of Hunting for Proof, 2012. Henry Addington Bruce, Historic Ghosts and Ghost Hunters, 1908. Jennifer Bann, "Ghostly Hands and Ghostly Agency: The Changing Figure of the Nineteenth-Century Specter," Victorian Studies 51:4 (Summer 2009), 663-685, 775. Gillian Bennett, "'Alas, Poor Ghost!': Case Studies in the History of Ghosts and Visitations," in Alas Poor Ghost, 1999, 139-172. Richard Whittington-Egan, "The Accusant Ghost of Cock Lane," New Law Journal 141:6487 (Jan. 18 1991), 74. Howard Pyle, "The Cock Lane Ghost," Harper's New Monthly Magazine 87:519 (August 1893), 327-338. María Losada Friend, "Ghosts or Frauds? Oliver Goldsmith and 'The Mystery Revealed,'" Eighteenth-Century Ireland / Iris an dá chultúr 13 (1998), 159-165. H. Addington Bruce, "The Cock Lane Ghost," New York Tribune, July 14, 1907. "The Cock Lane Ghost," Warwick [Queensland] Argus, Dec. 22, 1900. "The Ghosts of London," New York Times, Sept. 10, 1900. "The Cock-Lane Ghost," [Sydney] Evening News, Aug. 25, 1894. "The Cock Lane Ghost," Maitland [N.S.W.] Weekly Mercury, March 10, 1894. "The Rochester Ghost," Alexandria [Va.] Gazette, April 27, 1850. Thomas Seccombe, "Parsons, Elizabeth [called the Cock Lane Ghost], (1749–1807)," Oxford Dictionary of National Biography, Sept. 23, 2004. Listener mail: "Death of Brittanie Cecil," Wikipedia (accessed Jan. 13, 2021). L. Jon Wertheim, "How She Died," Sports Illustrated, April 1, 2002. J. Winslow and A. Goldstein, "Spectator Risks at Sporting Events," Internet Journal of Law, Healthcare and Ethics 4:2 (2006). Steve Rosenbloom, "Hit by Puck, Girl Dies," Chicago Tribune, March 20, 2002. Tarik El-Bashir, "Girl Struck Puck Dies," Washington Post, March 20, 2002. Connor Read et al., "Spectator Injuries in Sports," Journal of Sports Medicine and Physical Fitness 59:3 (March 2019), 520-523. Bob Shepard, "Heads Up: UAB Does First-Ever Study of Spectator Injuries at Sporting Events," University Wire, Nov. 29, 2018. "Father of Girl Killed by His Errant Golf Ball Says: 'How It Happened, I Cannot Explain'," Associated Press, Sept. 21, 2019. Pat Ralph, "What Happens After 'Fore'? Injured Fans Face Legal Hurdles in Golf-Ball Lawsuits," Golf.com, Oct. 9, 2018. Marjorie Hunter, "Ford, Teeing Off Like Agnew, Hits Spectator in Head With Golf Ball," New York Times, June 25, 1974. "'First Off the Tee': White House Golf Tales," NPR, May 1, 2003. Todd S. Purdum, "Caution: Presidents at Play. Three of Them," New York Times, Feb. 16, 1995. "Ford, Bush Tee Off on Golf Spectators," Los Angeles Daily News, Feb. 16, 1995. Kevin Underhill, "Missouri Supreme Court Hears Hot-Dog-Flinging Case," Lowering the Bar, Nov. 13, 2013. Kevin Underhill, "Bad News for Dog-Flinging Mascots," Lowering the Bar, Jan. 16, 2013. Kevin Underhill, "Jury Clears Mascot in Hot-Dog-Flinging Case," Lowering the Bar, June 24, 2015. Listener Tim Ellis, his daughter, and an errant puck. This week's lateral thinking puzzle was contributed by listener Jesse Onland. Here's a corroborating link (warning -- this spoils the puzzle). You can listen using the player above, download this episode directly, or subscribe on Google Podcasts, on Apple Podcasts, or via the RSS feed at https://futilitycloset.libsyn.com/rss. Please consider becoming a patron of Futility Closet -- you can choose the amount you want to pledge, and we've set up some rewards to help thank you for your support. You can also make a one-time donation on the Support Us page of the Futility Closet website. Many thanks to Doug Ross for the music in this episode. If you have any questions or comments you can reach us at podcast@futilitycloset.com. Thanks for listening!

Extraordinary Popular Delusions and the Madness of Crowds (1841) is a remarkable compendium of mass hysterias, written by the Scottish curmudgeon Charles Mackay. Alasdair (half-Scottish curmudgeon) takes James on a tour of the stand-out fads, fancies and follies: from Dutch tulip-fanciers, via slow-poisoners, to some cracking haunted house scams. Brace yourself for chilling tales of faux-ghosts. (Fhosts.) Loreboys nether say die! Support the Loremen here (and get stuff): http://www.patreon.com/loremenpod ko-fi.com/loremen (http://www.ko-fi.com/Loremen) @loremenpod (https://twitter.com/loremenpod) http://www.twitch.tv/loremenpod www.instagram.com/loremenpod (https://www.instagram.com/loremenpod/) www.facebook.com/loremenpod (https://www.facebook.com/LoremenPod/) @JamesShakeshaft (https://twitter.com/JamesShakeshaft) | @MisterABK (http://www.twitter.com/misterabk)

Charles Mackay was a 19th century Scottish poet, journalist, author, anthologist, novelist, and songwriter, remembered mainly for his book Extraordinary Popular Delusions and the Madness of Crowds. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

On this episode, Kris and I discuss my mescaline-induced alien encounter and strange synchromystic adventures at a mime school in Korea. We also talk the deathbed poetry of Dutch Schultz and the parallels with AI-generated song lyrics. Rounding out the episode is a deep dive into Koro/Shuk Yang ("head of the turtle" syndrome), Marian apparitions, The Jumping Frenchmen of Maine, Strange Tales from a Chinese Studio, and Joni Mitchell. A map of Marian apparitions. Memoirs of Extraordinary Popular Delusions and the Madness of Crowds JDO on Twitter Kris on Twitter The music and mixing for this episode is from ous/li. The image for this episode is Kris's own "Devil's Details" (2010) Email us with thoughts and stories at: thebutterflyinyourmouth@gmail.com

On this episode, Kris and I discuss my mescaline-induced alien encounter and strange synchromystic adventures at a mime school in Korea. We also talk the deathbed poetry of Dutch Schultz and the parallels with AI-generated song lyrics. Rounding out the episode is a deep dive into Koro/Shuk Yang ("head of the turtle" syndrome), Marian apparitions, The Jumping Frenchmen of Maine, Strange Tales from a Chinese Studio, and Joni Mitchell. A map of Marian apparitions. Memoirs of Extraordinary Popular Delusions and the Madness of Crowds JDO on Twitter Kris on Twitter The music and mixing for this episode is from ous/li. The image for this episode is Kris's own "Devil's Details" (2010) Email us with thoughts and stories at: thebutterflyinyourmouth@gmail.com

Darrell Castle talks about the mass insanity that grips our nation and how we as the American people seem unwilling to defend ourselves from it. Transcription / Notes A COUNTRY UNWILLING TO DEFEND ITSELF Hello this is Darrell Castle with today's Castle Report. Today is Friday June 12, 2020 and on this Report I will be talking about the madness, the insanity, in which America, and perhaps all of what was once Western Civilization, finds itself. For the Castle Family this is the third week back in the office from quarantine and so far, so good. The family daughter remains marooned on her small island many thousands of miles from us, but at least safe. Perhaps in July she will be released from confinement.  I've been thinking a lot about the concept of mass insanity and how we, as a nation, seem to be in the grips of it. To refresh my memory about how it all works I decided to consult one of my favorite books and authors and that is Charles Mackey's “Extraordinary Popular Delusions and the Madness of Crowds”. Written in 1841 but still very relevant today Mr. Mackey explores the concept of mass or crowd insanity and how it is quite different from individual madness. The backdrop for the book was the tulip mania that gripped Europe in Mr. Mackey's day. People trading in the future price of tulip bulbs drove the price to an unimaginable high in that day. It made no sense except when looked at from the standpoint of crowd or mob action. “When a man enters a crowd, he exits civilization.” That is obviously just as true today as it was in 1841 and as evidence, I argue that a man in a riot or even in a mass protest is a man in a crowd. His reason departs and he is driven by the hormones, the emotions of the crowd rather than his own. Men go mad in herds while they must recover their senses one by one. Friedrich Nietzsche in the same era as Mackey said that madness is a rarity in individuals but the rule in crowds. In a crowd a man is not a man but simply a face thus the expression just a face in the crowd. He is a cog in a lunatic machine. He cannot think rationally so the crowd thinks for him. Crowds need something to unite them so they will always have their devils. The devil could be policemen, whites, blacks, Muslims, Christians, progressives, conservatives etc. Whatever it is, each crowd will have its devil. It will always be a devil which inspires the crowd. I can cite no better example of crowd madness than what has happened since the murder of George Floyd by Minneapolis police a few days ago. Mr. Floyd's death appeared to me to be a virtual assassination. Three police officers hold a man down while another puts a knee on his neck for eight minutes while being filmed doing it. It appeared to be an act of cold-blooded murder, which in a death penalty state should have sent the officer to death row. The question then is, was Mr. Floyd's murder an indictment of America as a sick, racist society as alleged by some. I argue that it does not and furthermore, other than Mr. Floyd's race there is not much to indicate the attack was racially motivated. I understand the argument that if he had not been black the officer would not have put his knee on his neck, but the argument may or may not be valid. Can we rationally discuss whether it's a valid argument or not, probably not, but I will make a few points now? The submission technique that ultimately killed Mr. Floyd is one taught to US police forces by the Israeli military. Consult You Tube and you can find videos of Israeli instructors teaching the technique. They use it to subdue Palestinians in Gaza and other places they are deployed every day. One officer is to hold the subject's legs while the other kneels on his neck to get control of him. Does that mean Mr. Floyd's murder was not racially motivated? No, it doesn't, and I admit that I have no way of knowing, but there is evidence that the technique is and has been widely used against people of all races.

First Segment: Brief riff off Charles MacKay's 1841 book, Extraordinary Popular Delusions and the Madness of Crowds and deplatforming in American history. Second Segment Lightning Segments. Third Segment: The Reformation, with focus on the Radical Spiritualists.

First Segment: Brief riff off Charles MacKay's 1841 book, Extraordinary Popular Delusions and the Madness of Crowds and deplatforming in American history. Second Segment Lightning Segments. Third Segment: The Reformation, with focus on the Radical Spiritualists.

Charles McKay wrote Extraordinary Popular Delusions and the Madness of Crowds in 1841 - and it's just as relevant today as it ever was. 

From mushrooms to tulips to torture, Jill Weiner and Connor Creagan take you Freakz on a real wikipedia trip! First we learn about a fungus amongst us, the Carolus Clusius. From there we head to the more favorable flora, tulips and the insanity that was Tulip Mania back in the 1600s. Next we dive into a book that explores the tulip bubble — Extraordinary Popular Delusions and the Madness of Crowds. From there we go into the afterlife with the the spooky Drummer of Tedworth and the haunting of Cock Lane. Finally we end with the the delightful public humiliation that is the pillory! Follow Jill Weiner on IG and Twitter @jill_lives Follow Connor Creagan on IG and Twitter @connorcreagan Follow WikiFreakz @wikifreakzz on Twitter and @Wikifreakz on Instagram

William Kent had an unorthodox – for the early 1760s – life, living openly with a woman who was not his wife. Because of this scandal, and other factors, after his “wife's” death in 1762, he is accused of murder by what is – at least on the surface – her ghost. Episode 39 Photo Gallery: https://www.facebook.com/andrew.d.gable/media_set?set=a.10216987632236563&type=3 Part of the Straight Up Strange Network: https://www.straightupstrange.com/ Opening music by Kevin MacLeod. Closing music by Soma. SOURCES “A summary account of the proceedings in regard to some strange noises, heard the beginning of the year at a house in Cock-lane West Smithfield.” The Annual Register, or a View of the History, Politicks, and Literature, of the Year 1762. London: R. and J. Dodsley, 1763. “Cock-Lane Ghost,” Ottawa Citizen, July 15, 1905. Boswell, James. The Life of Samuel Johnson, LL.D., Comprehending an Account of his Studies and Numerous Works, in Chronological Order; a Series of his Epistolary Correspondence and Conversatins with Many Eminent Persons; and Various Original Pieces of his Composition, Never Before Published. London: Henry Baldwin, 1791. Clarke, Roger. “A Haunting on Scandal Street: The Cock Lane Ghost Revisited.” Fortean Times 335 (Christmas 2015). Goldsmith, Oliver. The Mystery Revealed; containing a Series of Transactions and Authentic Testimonials, respecting the supposed Cock-Lane Ghost, which have hitherto been concealed from the Public. London: W. Bristow, 1762. Lang, Andrew. Cock Lane and Common Sense. London: Longmans, Green and Co., 1894. Mackay, Charles. Memoirs of Extraordinary Popular Delusions and the Madness of Crowds. London: National Illustrated Library, 1852. https://alondoninheritance.com/london-streets/cock-lane-golden-boy-ghost-hogarth/    

Meowing nuns, deadly dancing, and a fever for flowers! Get swept away with Jennifer and Max as they explore maniacal moments from history, when entire populaces were abruptly compelled into incredibly strange behaviors!    Delusions, Madness, and Mania   Show Notes: Tanzania Laughing Epidemic Sources: https://en.wikipedia.org/wiki/Tanganyika_laughter_epidemic https://thepsychologist.bps.org.uk/volume-22/edition-7/dancing-plagues-and-mass-hysteria http://listverse.com/2009/03/16/top-10-bizarre-cases-of-mass-hysteria/ https://www.atlasobscura.com/articles/the-1962-laughter-epidemic-of-tanganyika-was-no-joke https://www.thevintagenews.com/2016/09/29/tanganyika-laughter-epidemic-1962-around-1000-people-hysterically-laughing-one-year/ http://rltz.blogspot.com/2007/05/from-central-african-medical-journal.html https://www.realclearscience.com/blog/2013/02/tanganyika-laughter-epidemic-of-1962.html https://www.amazon.com/Humor-Code-Global-Search-Things/dp/1451665415/ref=sr_1_1?keywords=mcGraw+code+of+humor&qid=1554506380&s=gateway&sr=8-1-spell   The Dancing Plague of 1518 Sources: https://owlcation.com/humanities/dancing-plague-of-1518 https://en.wikipedia.org/wiki/Dancing_plague_of_1518 https://publicdomainreview.org/2018/07/10/the-dancing-plague-of-1518/   https://www.amazon.com/Time-Dance-Die-Extraordinary-Dancing/dp/1848310218/ref=sr_1_2?crid=7C5VLPZPFS1G&keywords=a+time+to+dance+a+time+to+die&qid=1554506328&s=gateway&sprefix=a+time+to+dance+a+tim%2Caps%2C196&sr=8-2   Tulip Mania Sources: http://www.bbc.com/culture/story/20160419-tulip-mania-the-flowers-that-cost-more-than-houses https://en.wikipedia.org/wiki/Tulip_mania Extraordinary Popular Delusions and the Madness of Crowds, Charles MacKay: https://www.amazon.com/Extraordinary-Popular-Delusions-Madness-Crowds/dp/1539849589/ref=pd_sbs_14_1/139-3407924-6566600?_encoding=UTF8&pd_rd_i=1539849589&pd_rd_r=7327f8cb-596c-11e9-9d06-a332060cea22&pd_rd_w=bUYh7&pd_rd_wg=evXyp&pf_rd_p=588939de-d3f8-42f1-a3d8-d556eae5797d&pf_rd_r=ZZ4YYAADV34V9XNGDEBF&psc=1&refRID=ZZ4YYAADV34V9XNGDEBF   Weird Sisters Sources: https://www.thevintagenews.com/2018/02/12/middle-ages-mass-hysteria https://historycollection.co/12-historys-baffling-mass-hysteria-outbreaks/3/ https://thepsychologist.bps.org.uk/volume-22/edition-7/dancing-plagues-and-mass-hysteria   The Lille Boarding School Hysteria Sources: Memoirs of Extraordinary Popular Delusions and the Madness of Crowds by Charles McKay https://www.amazon.com/Memoirs-Extraordinary-Popular-Delusions-Madness-ebook/dp/B004TP6B1O/ref=sr_1_1?keywords=Memoirs+of+Extraordinary+Popular+Delusions+and+the+Madness+of+Crowds&qid=1554763437&s=gateway&sr=8-1 http://www.projectcontinua.org/antoinette-bourignon/   Credits Theme Music Makenna Carrico - www.makennacomposer.com   Additional Music Haunted Filing Cabinet Sneaky Detective Sneaky Birdie Sneaky Plucked Strings 1 Composer: Thomas VanOosting   Violin's Stinger - SlowSad Stinger  Composer: Jonathan Edward Carlile   Comedy Klezmer Circus Composer: Hakan Eriksson    Tense Hands Stinger Shadows Hang Stinger Composer: Numsi   Thumbnail Photography Jennifer Page   Warm & Special Thanks All of Odd Tonic's friends, new and old. Thanks for your support!

Y llegó la hora de la burbuja paralela que ocurría mientras ocurría la de la compañía del Mar del Sur. Es hora de cruzar hasta Francia y encontrarnos con la burbuja paralela de la Compañía del Misisipi. Es la burbuja que no fue burbuja. En Francia, John Law, un economista, apostador delirante y aventurero loco escocés, llevó la idea del papel dinero a Francia y trató de hacer lo que estaba haciendo la compañía del Mar del Sur con la deuda, pero hacerlo bien en lugar de estafar a todos. No importa, la gente se dispuso a estafarse sola y con la firme creencia de los capitales que Luisiana era una tierra de oportunidades llena de ciudades milagrosas, la burbuja creció igual. Y luego, pop. Conexiones con Han Solo y gatos que no son gatos aderezan este relato espectacular. Fuentes / Textos - COLOMBO, Jesse. (2012) The Mississippi Bubble (1716-1720) The Bubble Bubble. - CUEVAS, John. (2011) Cat Island: The History of a Mississippi Gulf Coast Barrier Island. McFarland; First Edition edition. ISBN: 978-0786463282 - LAW, John. (1705) Money and trade considered: with a proposal for supplying the nation with money. Archive.org. - MACKAY, Charles. (1841) Extraordinary Popular Delusions and the Madness of Crowds. Project Gutemberg. - Map forum. John Law and the Mississippi Scheme. - NARRON, James; SKEIE, David. (2014) Crisis Chronicles: The Mississippi Bubble of 1720 and the European Debt Crisis. Liberty Street Economics. Fuentes / Sitios Web - Wikipedia Música, en órden de aparición: El tema de la Tortulia es una versión de Caravan por Oleg Zobachev. El tema original es de Duke Ellington.

La deuda: esa herramienta fantástica de los países para financiar actividades por encima de sus posibilidades. A veces es una carga inmanejable. Era la situación de Inglaterra a principios del siglo 18, y la mejor idea que se les ocurrió para sacársela de encima fue hacer una compañía privada y pasarle toda la deuda a esta, para tenerla consolidada, bien cuidada y que no se escapara por ahí. Obviamente una compañía creada con el propósito de hacer desaparecer pasivo de forma exclusiva despertaría dudas, así es que se le dio la potestad monopólica de comerciar con la América Española. Así nació la compañía del Mar del Sur, que sin duda tendría un futuro espectacular, porque las compañías de las indias occidentales y orientales andaban bárbaro en todos lados. Lo que la gente no podía percibir con claridad era que no solo esto era solamente un artilugio financiero para hacer desaparecer esa deuda, sino que además ese monopolio no daría nunca dividendos porque comprendía a un único barco por año, a un único puerto. Unos hábiles operadores hicieron inflar a la burbuja de nuevo, a conciencia de que lo era, para beneficio y provecho propio. Esta es una estafa masiva, con todas las de la ley, por más dinero del que existía en todo el mundo. Y en esta, todos estaban adentro. Fuentes / Textos - DEFOE, Daniel. (1712) An essay on the South-Sea trade: With an enquiry into the grounds and reasons of the present dislike and complaint against the settlement of a South-Sea company. By the author of the Review. Ann Arbor, Michigan; University of Michigan Library. - MACKAY, Charles. (1841) Extraordinary Popular Delusions and the Madness of Crowds. Project Gutemberg. Fuentes / Videos - Extra History. (2015) England: South Sea Bubble. - Yale University. (2013) Reinterpreting the First Great Stock Market Crash: South Sea, Mississippi & Windhandel Bubbles. 2013 Yale Presidential Inauguration Symposium Fuentes / Sitios Web - Wikipedia Música, en órden de aparición: El tema de la Tortulia es una versión de Caravan por Oleg Zobachev. El tema original es de Duke Ellington.

Seguimos con los escándalos y burbujas financieras del pasado. Esta vez le toca a la más famosa y la que se a convertido en sinónimo de irracionalidad y especulación a lo largo del tiempo: los tulipanes holandeses. Pero esta inocente flor, que hoy es símbolo de los Países Bajos, hace unos siglos recibió una infamia por una burbuja especulativa en los precios de sus bulbos. En este programa vemos que llevo a esa suba desenfrenada de precios y sus repercusiones. Algo exagerada la historia, más complicada de lo que parece, pero importante para entender como estos fenómenos siempre se dan y no es ceguera de los participantes del momento. Textos TulipMania (The Real Story) - Economics Decoded Thompson, E.A. Public Choice (2007) 130: 99. https://doi.org/10.1007/s11127-006- 9074-4 Dash, Mike (1999). Tulipomania, The Story of the World's Most Coveted Flower and the Extraordinary Passions It Aroused. ISBN 0-575- 06723-3 Mackay, Charles (1852). Memoirs of Extraordinary Popular Delusions and the Madness of Crowds https://web.archive.org/web/20101015204634/http://www.andaluciainvestiga.com/espanol/noticias/6/8085.asp Tulipmania: Money, Honor and Knowledge in the Dutch Golden Age, Anne Goldgar Música, en órden de aparición: El tema de la Tortulia es una versión de Caravan por Oleg Zobachev. El tema original es de Duke Ellington. La imagen es de: Johannes Bosschaert, Naturaleza muerta con tulipanes (c. 1630).

D.C. Dem: ‘Insult' To Say Residents May Want Concealed Carry, The ‘Mainstream Media' no longer is really mainstream, The Left Media's Extraordinary Popular Delusions, This Time We Liberals Have Totally Got Trump. Wash. Rinse. Repeat.

There is a school of thought that groups often bring out the worst in humankind. Think only of the Charles Mackay book on “Extraordinary Popular Delusions and the Madness of Crowds,” the U.S. Founding fathers’ visceral fear of ‘mob rule,’ or the influential social science of Gustave Le Bon and others during the French Third Republic. And yet, as a university student future social psychologist Stephen Reicher often witnessed sublime behavior from collections of people. He saw that groups could foster racism – and they could foster civil rights movements. What he saw much of the time was group behavior “completely at odds with the psychology I was learning.” “In a sense, you could summarize the literature: ‘Groups are bad for you, groups take moral individuals and they turn them into immoral idiots.’ “I have been trying to contest that notion,” he tells interview David Edmonds in this Social Science Bites podcast, “[and] also to explain how that notion comes about.” In a longer-than-normal podcast, Reicher explains how group mentality can bring out the best in individuals and reviews the history of crowd psychology and some of its fascinating findings that have enormous policy implications in a world of mass protest and terroristic threat. For example, in discussing studies on the escalation of violence, Reicher explains how indiscriminate responses by authorities can create violence rather than defuse it, a useful lesson for Western countries dealing with generally peaceful populations that may still produce a few terrorist inductees from their ranks. Reicher is the Wardlaw professor at the School of Psychology and Neuroscience at the University of St. Andrews. A fellow of the British Academy, his most widespread recognition outside the academy comes from his work with Alexander Haslam on the BBC Prison Study, or The Experiment.  He is also the co-author of several books, including 2001’s Self and Nation: Categorization, Contestation and Mobilization, with Nick Hopkins, and 2014’s Psychology of Leadership with Haslam.

"I believe track record is a very blunt instrument." - Andrew Baxter (Tweet) In this episode, we dive into the models and processes that Cambridge Capital and Andrew Baxter use to manage risk, research new ideas, and grow their business. We also talk about the importance for managers to explain why they do what they do, rather than just what they do. Listen in to learn more about what lies ahead for the managed futures industry and how to be successful in it. Thanks for listening and please welcome back our guest, Andrew Baxter. Subscribe on: In This Episode, You'll Learn: How his forecast method works How he develops his basic models How they come up with new ideas for models at Cambridge Capital "One can ask the data to suggest areas for interesting research." - Andrew Baxter (Tweet) The various short term and long term models that they employ and how they use them When they make interventions to the system The risk management they use and why they have a risk budget "We actively control risk on a daily basis." - Andrew Baxter (Tweet) Why they are continuously adjusting their risk in the market The drawdowns that they expect to see in their program and the ones that they have been through Why he thinks CTA firms had significantly higher drawdowns in 2013 then they had ever had before "I think the increased flow of assets into the larger managers is potentially increasing market impact problems." - Andrew Baxter (Tweet) How their research cycles work How to compare a life track record with a simulation of the current program Why we should look at why managers do things more than what they do Why raising assets is the biggest challenge his firm faces today What it takes to become a great fund manager "We need to continue moving and increasing the sophistication of what we do." - Andrew Baxter (Tweet) The skill that he would pass onto his children The challenges he sees for the CTA space "We should consider an audience outside the traditional CTA space." - Andrew Baxter (Tweet) Resources & Links Mentioned in this Episode: Andrew recommends reading: Extraordinary Popular Delusions and The Madness of Crowds The Winner's Curse books by Reinhold Messner "One should not underestimate how long things take in this business." - Andrew Baxter (Tweet) This episode was sponsored by Eurex Exchange: Connect with Cambridge Capital Managment: Visit the Website: www.ccmllp.com Call Cambridge Capital: +44 (0) 1223 851 001 E-Mail Cambridge Capital: info@ccmllp.com Follow Andrew Baxter on Linkedin "We have a structure to control risk without discretionarily turning models on or off." - Andrew Baxter (Tweet)

  Episode Summary Mike Edelhart is the lead partner for the Social Starts moment-of-inception investment fund and CEO of the Tomorrow Project. Key Takeaways 02:30 - How did Mike become an angel investor? 07:40 - The team is incredibly important. This can not be emphasized enough. 10:00 - Mike believes a good team understands clearly what the company's mission is. 11:46 - Great teams follow their leader with discipline, but not with rigidity. 13:25 - Becoming a unicorn is an outcome, not a cause. 14:40 - Having the desire to become an entrepreneur isn't normal. 17:00 - Leaders who believe in themselves, their team, and can remain calm when everything goes wrong instills confidence in their team. 18:20 - How did Pinterest get started? 24:55 - Why did Mike and his team invest in Pinterest in the beginning? 27:45 - Entrepreneurs make the common mistake in thinking all investors are the same and they don't do their homework. 30:00 - Mike talks about the rabbit archetype in business. 30:50 - Mike breaks down the tortoise archetype. 32:45 - What's the idea behind the bear archetype? 36:15 - The final power animal in business is the hawk. Mike explains further. 40:00 - Mike recommends the book Extraordinary Popular Delusions and The Madness of Crowds Tweetables Entrepreneurship is a socially accepted form of maniaWhat you think is true will probably not turn out to be trueClarity is key trait to get fundingBe obsessive about your customers Links Mentioned SocialStarts - The Venture Bestiary: Hunting Beyond The Unicorn Extraordinary Popular Delusions and The Madness of Crowds by Charle Mackay SocialStarts Want the Transcription? Click Here to Download   Share The Show Did you enjoy the show? I'd love it if you subscribed today and left us a 5-star review! Click this link Click on the 'Subscribe' button below the artwork Go to the 'Ratings and Reviews' section Click on 'Write a Review'

George Zimmerman put out a video for some reason. 2 - Hillary joked about getting a new email address. 3 - Marshall's News. 4 - No evidence was found in Rolling Stone's UVA "rape story"; "Extraordinary Popular Delusions and The Madness of Crowds" book.

8 AM - 1 - George Zimmerman put out a video for some reason. 2 - Hillary joked about getting a new email address. 3 - Marshall's News. 4 - No evidence was found in Rolling Stone's UVA "rape story"; "Extraordinary Popular Delusions and The Madness of Crowds" book.

In our continued conversation with Roy Niederhoffer, we discuss risk management, drawdowns, why negative correlation is so important to Roy, and what gets him out of bed every morning (and what keeps him awake at night). Learn more about how to create a balanced and diversified portfolio or what it takes to be a manager.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You'll Learn:What has changed by the fact that more and more trading decisions are made by computers instead of humans.The issue of model decay in Roy's field.Why he has constructed his trading program the way that he has.His ten-step process from idea generation to putting it into the system. The research process laid out.How his firm does research.How position sizing plays a role in the short term space.How he keeps model slippage to a minimum.Risk management and how Roy deals with it.When to use discretion to reduce risk.What he learns from going through a drawdown.How he keeps investors in the firm during a tough time.How he personally deals with drawdowns.How he measures the effectiveness of his research.If his risk tolerance went down once he had more money under management.What the biggest challenge is for Roy in the short term management space.What investors are not asking him during due diligence.What makes him go into work everyday.Books that Roy recommends reading for managers and investors.How the office environment affects how investors perceive a firm.About downside protection and negative correlation.-----ATTENTION TTU TRIBE : SIGN-UP for Rick Rule's Symposium: Once in a life-time natural resource insights from the BEST investors in the world via a first-class livestream or Live event!Resources & Links Mentioned in this Episode:Roy mentions the Extraordinary Popular Delusions and the Madness of Crowds.He recommends Reminiscences of a Stock Operator.Roy highly recommends Thinking, Fast and Slow.Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “The Many Flavors of Trend Following”

My guests today are Frank Curzio of Stansberry & Associates and Robin Griffiths, the Chief Technical Strategist at ECU and formerly at HSBC. The topic is markets. In this episode of Trend Following Radio we discuss: Covel and Curzio discuss how the fundamental guys justify all time highs in the equity market; the Shiller PE ratio; the importance of analyzing interest rates; Warren Buffett recent investments; what the Fed would do if we went down 30% today; why having a low interest rate environment creates a good situation for stocks; being prepared from a risk management perspective; Zero Interest Rate Policy, its effect on equities and bonds, and tail risk; comparing the environment today to the 1987 crash; hypothetical situations surrounding the S&P 500; exit strategies; and the 24-hour news cycle. Covel and Griffiths discuss how to use fundamentals in an age when interest rates are artificially controlled; Griffiths' history as a mechanical engineer and how he found his way into trading and technical analysis; regression analysis; Elliott Wave and cycles; the idea of whipsaws; geopolitical risks; China, India, and the rise of Asia; not trading off of geopolitical fundamental information; how Griffiths came to the conclusion that the efficient market hypothesis and much of what the mutual fund industry depends on doesn't hold water; spikes and why people in 2014 think that all spikes are gone; Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay and the cyclical nature of booms and busts; and virtual currencies. Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

Today on the podcast, Michael Covel interviews Frank Curzio and Robin Griffiths. First, Covel speaks with Frank Curzio of Stansberry & Associates. Covel and Curzio discuss how the fundamental guys justify all time highs in the equity market; the Shiller PE ratio; the importance of analyzing interest rates; Warren Buffett recent investments; what the Fed would do if we went down 30% today; why having a low interest rate environment creates a good situation for stocks; being prepared from a risk management perspective; Zero Interest Rate Policy, its effect on equities and bonds, and tail risk; comparing the environment today to the 1987 crash; hypothetical situations surrounding the S&P 500; exit strategies; and the 24-hour news cycle. Next, Covel interviews Robin Griffiths, Chief Technical Strategist at ECU and formerly at HSBC. Griffiths comes at it from a technical perspective. Covel and Griffiths discuss how to use fundamentals in an age when interest rates are artificially controlled; Griffiths’ history as a mechanical engineer and how he found his way into trading and technical analysis; regression analysis; Elliott Wave and cycles; the idea of whipsaws; geopolitical risks; China, India, and the rise of Asia; not trading off of geopolitical fundamental information; how Griffiths came to the conclusion that the efficient market hypothesis and much of what the mutual fund industry depends on doesn’t hold water; spikes and why people in 2014 think that all spikes are gone; Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay and the cyclical nature of booms and busts; and virtual currencies. Want a free trend following DVD? Go to trendfollowing.com/win.

People believe all kinds of things, mostly because other people believe them, too.  And then there's the fish.Part 1 - From the Preface"Memoirs of Extraordinary Popular Delusions and the Madness of Crowds," by Charles Mackay.Part 2 - Fish is Brain Food -- Isn't it?Part 3 - It Gets Worse -- Autism and FishPart 4 - This is Life -- Seth Harwood's book, Jack Palms II.Part 5 - Stories?  Where's my Stories?  -- No, really, they're coming soon.IDSL -- Joel Johnson, "3 Seconds."Themes: 140 Times from Bob Baldwin, Sovereign from Kevin MacLeod.

People believe all kinds of things, mostly because other people believe them, too.  And then there's the fish.Part 1 - From the Preface"Memoirs of Extraordinary Popular Delusions and the Madness of Crowds," by Charles Mackay.Part 2 - Fish is Brain Food -- Isn't it?Part 3 - It Gets Worse -- Autism and FishPart 4 - This is Life -- Seth Harwood's book, Jack Palms II.Part 5 - Stories?  Where's my Stories?  -- No, really, they're coming soon.IDSL -- Joel Johnson, "3 Seconds."Themes: 140 Times from Bob Baldwin, Sovereign from Kevin MacLeod.

This week's boring non fiction is the ideal sleep aid as we learn about the many people who were fined for their part in the South Sea Bubble. Peers, lords and businessmen alike faced massive consequences for taking part of the scam.Story (02:47) Find Memoirs of Extraordinary Popular Delusions and the Madness of Crowds by Mackayhttps://www.gutenberg.org/ebooks/24518 Supporting Sleepy Time TalesIf you would like to support my work and help keep the podcast available and for free, there are several ways you can support the show.·        You can support the show as a supporter on Patreon and receive a host of bonuses including Patron only episodes and special edits https://www.patreon.com/sleepytimetales·        If you're enjoying Sleepy Time Tales and would like to make a financial contribution, but would rather not commit to a monthly payment then you can throw a tip in the jar at paypal.me/sleepytimetales PatreonSleep Tight PatronsJessChris & MoyaChuckMystiRobertaCharityTraciEmilyMoyaBrianSandraCarlaJosephAYGreg  Please ShareIf you're enjoying the show, and finding it helps you sleep despite the stresses and strains of your life, the absolute best thing you can do is share it with your friends, families, acquaintances, cellmates etc. Anyone who needs a good night's sleep might benefit.So please share it with the people in your life, whether in person or on social media.  Find The ShowWebsite: https://sleepytimetales.net/ Patreon: https://www.patreon.com/sleepytimetalesFacebook: https://www.facebook.com/sleepytimetalespodcast/YouTube: https://www.youtube.com/c/SleepyTimeTales Merch: https://www.teepublic.com/?ref_id=25247Project Gutenberg Terms of Usehttps://www.gutenberg.org/wiki/Gutenberg:Terms_of_Use