“It was said that you could buy your stock at one door of Garroway’s and sell it at a profit going out of another” – Robert Wernick writes in his book “The South Sea Bubble”, describing the euphoria at the peak of the frenzy.
Few centuries later, the world was entering the digital era.
It looked so easy to make quick profits. Anthony Perkins and Michale Perkins write in their book “The Internet Bubble”: “Day traders might buy an dInternet stock at $94 in the morning and sell it at $96 in the afternoon, in what’s really a form of gambling.”
See the similarity between the above lines and what Wernick wrote! Some things do not change!
#RidingTheRollerCoaster – 134