Is cryptocurrency like 1990s-era tech stocks, the South Sea Company, or Dutch flowers? – asks the FT’s John Authers. A study on historic global stock market returns co-authored by Professor Elroy Dimson, Chairman of the Newton Centre for Endowment Asset Management (CEAM) at Cambridge Judge, is cited in an article comparing tulip and Bitcoin bubbles. (subscription).
Read the full article [ft.com]