Zac Bissonnette

Zac Bissonnette, author of "The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute," reveals the fascinating psychology behind the Beanie Babies craze of the late '90s. He examines how a simple stuffed animal ignited a speculative frenzy akin to the tech bubble. Bissonnette discusses the roles of community dynamics, artificial scarcity, and the pitfalls of misplaced confidence. The conversation also draws parallels between collectibles and stocks, outlining how luck and timing can influence value perceptions in any market.