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It's not just Korea, there're similar cases in prices Chinese walnuts recently or 17-century Dutch tulips. Invstors are also people that have some behaivoral bi
by khmel 14y ago
It's not just Korea, there're similar cases in prices Chinese walnuts recently or 17-century Dutch tulips. Invstors are also people that have some behaivoral biases :) sometimes guys just get bored with their usual investment tools
- nancyhua 14y agoMaybe it's actually a secret brilliant plan implemented by super geniuses- the first few people to start buying up the walnuts/tulips/DI make a killing! How else would you explain the existence and popularity of this crazy video? Maybe it was all engineered by DI or some hedge fund. We're playing right into their hands.
- khmel 14y agoMaybe, there was similar cases few years ago - when shares prices go up when people started political campaigns or just made photo with President. This is what VC-guys called 'create momentum' - every investor starts to believe that smth is extremely valuable!