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Mark Higgins
https://finhistory.com
“Cognition, misled by tiny changes involving low contrast, will often miss a trend that is destiny.”
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“Men have been swindled by other men on many occasions. The autumn of 1929 was, perhaps, the first occasion when men succeeded on a large scale in swindling themselves.”
― A Short History of Financial Euphoria By Galbraith John Kenneth
― A Short History of Financial Euphoria By Galbraith John Kenneth
“Periods of speculative frenzy always draw both scoundrels and suckers to Wall Street, the way a three-alarm fire attracts onlookers and pickpockets.”
― The Big Board: A History of the New York Stock Market
― The Big Board: A History of the New York Stock Market
“As protection against financial illusion or insanity, memory is far better than laws...For protecting people from the cupidity of others and their own, history is highly utilitarian. It sustains memory, and memory serves the same purpose as the SEC, and on the record is far more effective”
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“There is a prudent maxim of the economic forecaster's trade that is too often ignored: pick a number or pick a date, but never both.”
― Changing Fortunes: The World's Money and the Threat to American Leadership
― Changing Fortunes: The World's Money and the Threat to American Leadership
Mark’s 2025 Year in Books
Take a look at Mark’s Year in Books, including some fun facts about their reading.
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