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As a whole, we humans haven't learned much about buying low and selling high since the tulip mania.
WSJ: The Pros and Cons of Stock Buybacks
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You see academic tulip mania: students and their parents are overvaluing a commodity for which there are cheap and plentiful substitutes.
NEWYORKER: Live and Learn
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Mr Chancellor is right to say that some economists have tried too hard to explain everything from the tulip mania onwards as rational behaviour.
ECONOMIST: Financial speculation
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If we do enter a new state of euphoria for these tech stocks, just try to start telling people that this is a new tulip mania.
FORBES: Things Never End Well, Otherwise They Would Never End
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The Busang affair was not, first of all, a speculative frenzy such as the Dutch tulip mania of the 17th century or the South Sea Bubble of the 18th.
ECONOMIST: All that glisters . . .
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Could we have used our knowledge of tulip mania to prevent the 2000 Nasdaq collapse or the 2008 global financial crisis sparked by the decline of the US housing market?
FORBES: Things Never End Well, Otherwise They Would Never End
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However, since gold is also an emotional trade, it may emulate to some degree the seventeenth century tulip mania where it was reputed that 40 bulbs of a famous tulip variety sold for 100, 000 Dutch florins.
FORBES: The Alchemy Of Gold
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It is buying into your own tulip bulb mania.
WSJ: Bret Stephens: Obama and the Copenhagen Syndrome
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She was more cautious in the bubble years than many recall--for instance, comparing the period to the 17th-century Dutch tulip-bulb mania in a 1999 New Yorker piece.
FORBES: Magazine Article