On 1637-02-02, in the Netherlands, the speculation bubble in tulips burst. Overnight, bulbs that the day before sold for more than houses became unsaleable. This bit of history should be a lesson to anyone tempted to buy some essentially worthless thing on the hopes somebody else will soon pay more for it. Yet people fall for this con with stocks all the time, to this day.
~ Roedy (born: 1948-02-04 age: 64)