I was recently asked to name my favorite book on the history of speculative bubbles in the markets. There are a number of good books on the topic, but by far my favorite is Devil Take the Hindmost: A History of Financial Speculation by Edward Chancellor (it also has one of the great investment book titles ever). I refer to my paperback copy often. My favorite passages deal with the Japanese real estate and stock market bubble of the 1980s because I feel this had to be the biggest bubble of all-time.
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