Bubbles: The Seven Pillars of Stupidity

"Furth-Burners"

Housekeeping: EDIT- Acadian Asset Management LLC is considered a top-tier quantitative asset management firm. Acadian is a Boston-based investment management firm specializing in quantitative investment strategies. Founded in 1986, Acadian is known for using a rigorous, data-driven approach to portfolio management, leveraging sophisticated quantitative models and extensive research to guide its investment decisions.

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We appear to be in the midst of a raging bitcoin bubble. The stock market, or at least its lunatic fringe of meme stocks and crypto-related firms, is not far behind. How can we understand the origins of speculative mania?

-Acadian Asset Mgt

THERE ARE IDIOTS: Seven pillars of market bubbles

by Acadian Asset Management