Panic
The Story of Modern Financial Insanity
Edited by Michael Lewis
Notes
Provides an insightful look at past market crashes but I don't know if we can apply any takeaways to today's current climate. With AI taking up the lion's share of market valuation, are we just in another bubble like any other? Or, does AI really hold all the promise that's been priced in (or more)? I guess that's the takeaway - we can never truly know until it's upon us. We can maybe figure it out after the fact that "oh, well obviously look at these conditions -- of course things fell apart!" But will we really have enough knowledge to be able to know when or how things will fall apart?
