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About to watch another Alicia Vikander film: Tulip Fever. I don't know what it will be about, but it's likely about the 'tulip fever' which was the first financial bubble that burst spectacularly, centuries ago. People invested in tulip bulbs and drove the price way above its intrinsic value, with the inevitable crash next. I'm sure there were bulb-bros at the time.
#AliciaVikander #TulipFever
in reply to Gidi Kroon

> The most expensive tulip receipts that Goldgar found were for 5,000 guilders, the going rate for a nice house in 1637. But those exorbitant prices were outliers. She only found 37 people who paid more than 300 guilders for a tulip bulb, the equivalent of what a skilled craftsman earned in a year.

history.com/news/tulip-mania-f…

it's a myth

in reply to feld

it was literally the rich 17th century Dutch buying the "I AM RICH" iPhone app for $1000 that does nothing
in reply to feld

@feld Still a lot of money, but ok, it's a myth. Thanks for the link!
@feld