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Strategies & Market Trends : The Stock Market Bubble
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To: bobby beara who wrote (3274)6/12/2000 10:14:00 PM
From: SpongeBrain  Read Replies (1) of 3339
 
"The name of the South Sea company was thus continually before the public.
Though their trade with the South American States produced little or no
augmentation of their revenues,
they contunied to flourish as a monetary corporation..
Their stock was in high request, and the directors, bouyed up with
success,
began to think of new means for extending their influence."

-Extraordinary Popular Delusions, and the Madness of Crowds, p.51

PS: This was written in the 1800's
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