

Frank Byrd, CFA
- Feb 10, 2019
The Ultimate Signpost
On the Money: “What amazes me more than any spectacle of boom-and-bust is our capacity as a species to witness speculative bubble inflating and bursting – or, to have read about the most notorious case studies, such as Tulipomania or the South Sea Bubble – and yet fail to remember the inevitable outcomes.”
-- Ace Greenberg, former CEO of Bear Stearns (from his memoir, The Rise and Fall of Bear Stearns) “It’s a frightening thought, Frank”
The ultimate signpost -