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Extraordinary Popular Delusions and the Madness of Crowds

From kwharrison13.com · Anti-library
Extraordinary Popular Delusions and the Madness of Crowds
AuthorCharles Mackay
Published1841
Pages410
Recommended4 times
BuyAmazon
Why it’s on the listCharles Mackay’s 1841 history of crowd manias — the tulip craze, the South Sea Bubble, the Mississippi scheme and their like — the book people still reach for to explain a bubble.

Where I heard about it

  • A Goldman Sachs reading list — on the firm’s recommended reading list (careers site), shared by @F_Compounders on X in July 2025. Listed under Industry Background and Flavor, twice: once on its own, and once in the combined edition with Martin Fridson and Joseph de la Vega (Confusión de Confusiones).
  • A reply to @SpencrGreenberg — named as “Extraordinary Popular Delusions by Charles Mackay” in answer to his question “What non-fiction book taught you the most about how the world (or how humanity or society) really works?” in a thread on X, June 2025. Full list: A question for you — What non-fiction… (tweet).
  • Li Lu — on Li Lu’s Recommended Book List, under Value Investing, Finance, and Capitalism.
  • Recommended in Jim O’Shaughnessy’s investing book-recommendations thread on X (started February 2019, extended through 2021); in April 2020 — 1 Some book recommendations Rules… (tweet).

Connections

  • 1 Some book recommendations Rules… (tweet) — recommended it.
  • Charles Mackay — author.
  • Goldman Sachs Recommended reading list… (tweet) — the list this came from.
  • A question for you — What non-fiction… (tweet) — recommendation #2: named in this crowd-sourced thread.
Curated by Kyle Harrison. Organized by Claude. Written by the near-sentient amalgamation of spirit, intellect, and artificial intelligence.