Peter Stephens | Saturday, 10th March, 2018 Register by giving us your email below to continue reading all of the content on the site. Soon you will also begin to receive our FREE email newsletter, The Motley Fool Collective.
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Please read our Privacy Statement. ‘Tulip-mania’ is one of the most famous asset bubbles in history.
It shows that investors can bid up the price of any asset to levels which bear little or no resemblance to their practical value. In the case of tulips, they traded at around ten times average annual salaries, which shows that the bubble was exceptionally large. Read more from fool.co.uk…
thumbnail courtesy of fool.co.uk