Independent Investor

I first read Extraordinary Popular Delusions and the Madness of Crowds during the internet bubble.  Although I can’t say it made me rich, it kept me from becoming poor.
It is an evergreen book, having been written more than 150 years ago by the Scottish journalist Charles Mackay.  I hate to say it but it only really has three useful chapters, and these are the first three.  The rest of the book simply shows the easy prejudices of mid nineteenth century liberalism.
It could be argued …