Zone 15 · Pocket Money
Bubbles & Scams
Nine lessons of about three minutes each, every one with a live demo and a quick test.
- Bubbles, Scams & Crashes×8
- Money Mindset & Psychology
- 127BubblesWhat a Bubble IsWhen prices float far above what things are worth
- 128FraudThe Ponzi ShapeOld investors are paid with new investors' money
- 129Crashes25 Years to Get BackThe Dow didn't reclaim its 1929 peak until 1954
- 130FraudRed Flags of a ScamGuaranteed, urgent, secret
- 131FraudSmart People Don't Get ScammedYoung adults report losing money to fraud more often than older ones
- 132Market ManipulationPump and DumpHype a stock, sell it to the crowd, disappear
- 133CrowdsTulip ManiaDutch traders bid single tulip bulbs up to fantasy prices, though the crash was smaller than the legend says
- 134HerdingFollowing the HerdWe trust a crowd even when it's wrong
- 135Fraud HistoryPonzi Wasn't FirstA Boston woman ran the same scheme 40 years earlier