This Week on Bear radio: The recent Bitcoin bubble and the psychology of jumping back into high risk

In this episode of the Optimistic Bear show, marking our first anniversary, we discuss the recent collapse of the Bitcoin bubble, the “prosperity certificates” of Canada’s William Aberhart and the history of failed currencies. We also delve into the psychology of bubble investing, and propose some theories as to why investors seem so willing to get burnt with the same bad investments again and again. Lastly, we explore Harry Brown’s 16 golden rules of financial safety.