Banking Bad: Tulip Mania, The Greatest Bubble Story of All Time
The Wallet26 Okt 2023

Banking Bad: Tulip Mania, The Greatest Bubble Story of All Time

💸 Welcome to Banking Bad - a podcast series featuring six true-crime stories from the world of money.


We’re used to hearing about stocks, credit or commodities being at the centre of bubbles, but never a flower. Today, we’ll be looking at tulip mania - a period in the 1630s when the prices of tulip bulbs in the Netherlands soared to unprecedented levels, driven by a speculative frenzy. I’ll be talking to Anne Goldgar, an American historian and academic, who argues that tulip mania was not a widespread frenzy that affected the whole society, but rather a limited phenomenon - and that accounts of the subsequent crash may be more fiction than fact. However, there are key takeaways from this story that we, as investors, can learn from.


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When investing, your capital is at risk. Investments can go down as well as up, and you may get back less than you invest.


BANKING BAD ARTICLE

https://www.vestpod.com/news/the-wallet-podcast/banking-bad-tulip-mania-the-greatest-bubble-story-of-all-time


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DISCLAIMER

We are not certified financial advisers! The articles and information made available on Vestpod are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances.


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