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Quantabundance6d ago • 8 min read
2008: the bubble was not housing, it was leverage hidden inside complexity
The S&P 500 fell about 57% from its 2007 peak and Lehman filed the largest bankruptcy in US history....
#education#historyofbubbles#2008crisis#leverage
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Quantabundance6d ago • 7 min read
The Everything Bubble (2021): the bubble was not in the meme stocks, it was in the price of money
GameStop hit roughly $483, Bitcoin roughly $69,000, ARKK and SPACs fell 67% or more in 2022, and bon...
#education#historyofbubbles#everythingbubble#memestocks
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