4min chapter

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THE PSYCHOLOGY OF MONEY - Commented Book

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CHAPTER

Investing in Volatility and Uncertainty

The implosion of the dot com bubble in the early 2000s reduced household wealth by $6.2 trillion. The end of the housing bubble cut away more than $8 trillion. Why do these things happen? And why can't we learn our lessons? David Frum: Find the price, then pay it.

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