Detail Fear, Greed and The Madness of Markets   Oleh:  Landberg, William Jenis: Article from Bulletin/Magazine Dalam koleksi: Journal of Accountancy vol. 195 no. 4 (2003) Topik: MARKETS; fear; greed; madness; markets Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ85 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel "I can calculate the motions of heavenly bodies, but not the madness of people,” Sir Isaac Newton wrote in 1721. His words were as much a lament as an acknowledgment of his own limitations : Newton was one of many investors who had lost their shirts in the "South Sea Bubble.” The American Heritage dictionary defines financial bubble as a “speculative scheme that comes to nothing.” The term hadn’t even been coined in 1711 when the British government granted the South Sea Co. a monopoly on trade with South America and the Pacific islands. It was a time of unfettered optimism, and all Sir Isaac and others knew was that there were easy fortunes to be made by investing in the new venture. (Sound familiar ?) "Men were no longer satisfied with the slow but sure profits of cautious industry,” Charles Mackay wrote in his 1841 book, Extraordinary Popular Delusions and the Madness of Crowds. “The hope of boundless wealth for the morrow made them heedless and extravagant for today.” Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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