Posted by Jeflin on August 1, 2008
Tulip bulb mania, one of the earliest signs of “Crowd Madness,” began in the 17th century. Tulip bulbs were first introduced into Holland from Turkey by Conrad Guestner and the plants quickly attained prestige among the upper class.
By accident, a virus (mosaic) infected the tulip bulbs and resulted in amazingly beautiful tulip petals, increasing their rarity.
Read the full article here.
Posted in Economy, Stocks, gambling | Tagged: crowd madness, Dutch, Economy, gambling, market manias, speculators, Stocks, tulip bulb mania | Leave a Comment »
Posted by Jeflin on June 13, 2008
In the recent survey of 2,300 Singaporeans conducted by the Ministry of Community Development, Youth and Sports, it was found that 60 per cent among those earning under $1,000 gambled, up from 50 per cent in 2005.
Three-quarters of respondents started gambling as early as 24 or younger and most view gambling as a leisure activity.
Read the full article at http://jeflin.net
Posted in Economy, Entertainment, Stocks, gambling | Tagged: 4D, Adam Smith, addiction, casinos, Entertainment, gambling, investments, Singapore Pools, Toto | 6 Comments »
