History of Economic Bubbles and Lessons for Investors Riding the Hype (Part-1)

Most of the catastrophes and devastating events in the history wouldn't occur if it wasn't for the envy and greed of the mankind.

“You must have controlled greed to get rich.” says Warren Buffett, the greatest investor of all time.

What is striking about this sentence is that he puts the emphasis on control not greed. As a wise man, he knows uncontrolled greed leads to destruction more often than controlled greed leads to wealth. This is not a new phenomenon, we have seen uncontrol…