5min chapter

The Education of a Value Investor cover image

William Green with Guy Spier: Investing Prudently in Perilous Times.

The Education of a Value Investor

CHAPTER

The Strange Period of Boom, Bubble and Bust

Monish: We've spent a lot of time in the last few days talking about this very strange and slightly tumultuous period of boom, bubble and bust that we've gone through over the last few years. And I'd like to talk for a while actually about how intoxicating it was, how destabilizing it was, and also how you ended up resisting a lot of the temptation to pile into this stuff That was really very seductive because it had worked for several years. It was the way to make money. Monish: So why don't people change their passwords too much during this heated period? Because FOMO spreads like wildfire through a population.

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