Tag Archives: isaac newton
Finding Opportunities in a Bear Market
“I can calculate the motion of heavenly bodies, but not the madness of people.” The remark was made by Sir Isaac Newton in 1720 upon losing £20,000 – a substantial sum at the time – speculating on South Sea Company stock. The madness of people, as Newton painfully found, is incalculable. It defies logic. Runs on emotion. And is best observed from a safe distance. Continue reading
Posted in MN Gordon, Stock Market
Tagged bear market, collapse, isaac newton, S&P500, south sea bubble
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In The Long Run We Are All Alive
The experience of Whiston, and his pseudoscience prophecy, shows that predictions of the end of the world come and go while people still remain. Sometimes the fallout of these predictions, and the foolishness they provoke, is limited. Other times the foolishness they provoke leads to catastrophe. Continue reading
Posted in Inflation, MN Gordon
Tagged isaac newton, jerome powell, john maynard keynes, judgement day, william whiston
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