Investor Amnesia – The History of Bubbles, Manias, and Frauds

Jamie Catherwood of O’Shaugnessey Asset Management joins Carson Block to discuss Investor Amnesia, Catherwood’s online financial history course examining frauds, manias, and bubbles. Through the study of history, Catherwood hopes to educate and prepare investors for the inevitability that is investor mania and market bubbles. It’s clear from Catherwood’s study that the trope that history doesn’t repeat but it does rhyme is the reality, as bubbles and the fraud that accompanies them are as old as markets themselves. Together Catherwood and Block discuss some of the most relatable past periods to today’s market mania, the causes, signs, and symptoms of these episodes, and the archetypes that you are bound to see in every market cycle.