Comments on: Keynesian Beauty Contest and The Greater Fool Theory

By: Personal Finance Blog Articles this Week | Personal Investment Management and Financial Planning Blog Directory

Fri, 13 Nov 2009 21:11:49 +0000

[...] presents Greater Fool Theory and Keynes Beauty Contest | OneMint posted at [...]

By: millionaire blog .co.uk

millionaire blog .co.uk — Sun, 29 Mar 2009 21:12:43 +0000

Millionaire Mind and Making Money Blog Carnival No. 13…

Welcome to this weeks edition of the Millionaire Mind and Making Money Blog Carnival. This week I present a selection of some of the best articles from my fellow finance, money making and investment bloggers. Thank you for all of the great submissions….

By: Manshu

Manshu — Wed, 04 Mar 2009 16:21:20 +0000

Dana – Thanks for posting the link. It was a great read. My favorite line was not so much from the article, but the intro to it.

“In Reykjavík, where men are men, and the women seem to have completely given up on them, the author follows the peculiarly Icelandic logic behind the meltdown.”

By: Dana

Dana — Wed, 04 Mar 2009 15:05:59 +0000

This is the perfect analogy to the asset bubble that raged and ravaged western financial institutions and investors. The idea of popularity was so prevalent and central to the continuous rise in assets, mainly property prices. Everyone knew the prices were outrageous, but as long as nobody said anything, all was well. Then one day, someone snapped out of the trance, and realized the emperor had no clothes.

Have you seen the Vanity Fair report on the fall of Iceland? It’s slightly cruel and snarky, but like those supermarket checkout gossip rags, so fascinating and juicy, I couldn’t stop reading.

http://www.vanityfair.com/politics/features/2009/04/iceland200904?printable=true¤tPage=all