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Title: History repeats itself
Review: Mr. Insana wrote this book to inform investors that history does repeat itself over and over again. He is specifically referring to "investment bubbles."He shows graphically and textually the similarities and causes of many of the great speculative bubbles throughout history. Some of them include: Mississippi, South Sea, real estate, Japan, NASDAQ, etc.Many "bubbles" are described. They are easy to understand although most don't go into a lot of detail. Mr. Insana quotes many other references to clarify the stages of investment manias.The book was easy to read and would recommend this book to someone who wants more clarity on investment bubbles and wants general overviews of famous investment crashes throughout history.
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