Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jim black who wrote (3427)	5/4/2001 11:44:04 PM
From: Ilaine	Read Replies (1) of 74559

Re: tulips. Was it all as crazy as it seems at this far remove? Let us consider two tables - both of which look identical. On one of them, Oliver Cromwell signed the death warrant of Charles I. On the other, a family ate their meals for generations. You know and I know why the first table is worth more than the second table - but it's a hard concept to describe. The simplest explanation is that it is unique - and its unique history is inextricably interwoven with an importamt event. The tulips which commanded incredible prices during Tulipmania were not just any old tulips. Just as a painting by van Gogh is not just any old painting. Don't be so quick to assume that people who lived a long time ago were stupider than we are.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next