Wednesday, September 2, 2015

mania in Taiwan's stock market

Take the advantage of "borrow for free" feature in my Kindle Paperwhite, I spent the weekend to read the following interesting book about the Taiwan stock market bubble in the years around 1990. The mania of the herd mentality was staggering. In 1989, every outstanding share was changed hands, on average, for every 15 days in Taiwan. By contrast, in NY stock exchange, it was every 16 months.   http://www.amazon.com/The-Great-Taiwan-Bubble-Emerging/dp/1881896188

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