Royal Panda roulette

Irrationality

This is a very interesting read. You could call it the history of human stupidity. This is the authentic source, written in 1841, about things like the “tulipomania” stock bubble and many other unbelievable nonsense that we humans are (were) able to believe and do. It shows that all too often, popular belief is wrong and I’m posting it in hope that we will question more the intellectual status quo and become more open minded. Because if you ever hope to beat roulette, you must be a free thinker.

Memoirs of
EXTRAORDINARY POPULAR DELUSIONS
and the Madness of Crowds.

By CHARLES MACKAY

Take a look at the chapters to get an idea what the book is about and read it here.

  • Preface.
  • The Mississippi Scheme.
  • The South-Sea Bubble.
  • The Tulipomania.
  • The Alchymists.
  • Modern Prophecies.
  • Fortune-Telling.
  • The Magnetisers.
  • The Crusades.
  • The Witch Mania.
  • The Slow Poisoners.
  • Haunted Houses.
  • Popular Follies of Great Cities.
  • Popular Admiration of Great Thieves.
  • Duels and Ordeals.
  • Relics.
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