Some segments from the interesting 'Men & Mysteries of Wall Street' by the eloquent J.K. Medbery published in 1870. It holds many good insights as well as being a reminder of how little things changes in the affairs of mankind, especially in the financial sphere. #SundayReads 
Boom time - riding the bull in mindless bliss to a permanently higher plateau...until the crash when liquidity showed itself - as it always does in such scenarios - to be a coward who was no where to be found when needed the most..#LessonsFromHistory #Investing
The confidence game turns into the CONfidence game & the unravelling starts again with 'bulls shivering & the bears jubilant' - Congress disposed to fan the speculative flame - The irresistible allure of stock speculation - Mania is when the 'hen-brokers' come out..#Investing
The bulls & the bears face off... - Rupture looking for a spark always finds one... - Preying upon panic with 'fake news' sets the demons lose.. - The speculation ends when the last buyers has taken on the last possible bit of leverage & the music stops..#LessonsFromHistory
Finding someone to blame for pulling the plug on the good times.. - Touching the 3rd rail in railway speculation leads to bales of worthless paper - Eventually through all the hubris New York eventually claims the title from the European powerhouses... #LessonsFromHistory
