Just finished reading Charles Mackay’s “Extraordinary Popular Delusions and the Madness of Crowds” .

It is a fascinating rather short book (only about 110 pages) written in 1840 describing 3 previous financial bubbles: The Tulipmania that took place in the Netherlands in 1636, the French Mississippi Scheme from around 1720 and the English South Sea Bubble some decades later. The similarities to the dotcom bubble are so striking!