A History of Financial Bubbles: A look back at all the times humanity has collectively believed that “this time is different” (spoiler: it never is)

From the Dutch tulip mania of 1637 to the NFTs of 2022, this book analyzes the most spectacular financial bubbles in history with a unique blend of historical rigor and biting humor.

You’ll discover:

• Why 17th-century Dutch people traded mansions for flower bulbs • How a gambler from Scotland nearly destroyed the French economy with paper money • The reason Isaac Newton lost a fortune despite being a genius • Why the Japanese thought their small island was worth more than the entire United States • How the Internet convinced the world that companies didn’t need profits • The exact moment when subprime mortgages nearly collapsed the global financial system • Why millions believed that images of digital monkeys were worth fortunes

This book is for you if:

You want to understand why markets periodically go crazy

You’re looking to protect your wealth from the next bubble (which is already forming)

You’re interested in the psychology behind financial decisions

You enjoy stories told with intelligent irony

You suspect that your brother-in-law promoting cryptocurrencies is a warning sign

Written in accessible language without sacrificing depth, each chapter examines a different bubble, identifying the patterns that repeat themselves over and over. It is not an investment manual, but something more valuable: a partial vaccine against collective financial stupidity.

Includes:10 detailed chapters on the most destructive bubbles in historyAnalysis of mass psychology in the marketsPractical lessons for modern investorsDisturbing parallels with the present dayA Pérez-Reverte-style prologue that is not to be missedBecause the next time someone tells you that “this time is different,” you’ll know that’s exactly the moment to run for the hills.