Investment Bubbles in History: Interview with Dr. Andrew Odlyzko

30/06/2020 52 min Temporada 1 Episodio 4
Investment Bubbles in History: Interview with Dr. Andrew Odlyzko

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Episode Synopsis

Interview with Dr. Andrew Odlyzko (U. of Minnesota) about investment bubbles, the Nigerian prince scam's long history, and how to know when investors are gullible.  0:05 Intro 3:05 How a landscape painter arbitraged snooty aristocrats  6:40 Isaac Newton's stock losses (the real story) 11:50 the South Sea Bubble 21:28 Investment bubbles in history 25:43 the South sea bubble wasn't THAT crazy after all 29:45 An investment "of great advantage, but no-one to know what it is" 32:16 could we create a gullibility index? 33:48 the Nigerian prince scam pre-dates the internet 36:50 Why trust is key in bubbles 37:01 2 types of bubbles 40:31 Is failure good for society as a whole? 48:50 Conversations over coffee: explain what's important   *Dr. Andrew Odlyzko is Professor of Mathematics at the University of Minnesota.  *Find his most recent writings about Isaac Newton and the South Sea Bubble here: https://physicstoday.scitation.org/journal/pto *His website is here: http://www.dtc.umn.edu/~odlyzko/ *A list of his writings on financial history are here: http://www.dtc.umn.edu/~odlyzko/doc/bubbles.html