The History: 3 Local Stock Market Crashes-Part 2

  A SHORT DIGRESSION ON WHEN A STOCK IS EXPENSIVE When investors speak of a share as either cheap or expensive what is actually meant is the price relative to some standard measure of share value because shares are sold at widely different prices. Thus,…


The History: 3 Local Stock Market Crashes-Part 1

In this chapter, our excursion to Manialand returns home. I shall attempt to describe and analyse the three stock market boom‘and-bust cycles that had taken place in Malaysia/Singapore in the last fifteen years. That there should be three severe crashes (and a less severe one)…


The History : Famous Crashes of the West,Part-1

TULIPOMANIA Our first adventure to Manialand takes us to 17th century Holland. The Dutch, long known for their stern, careful business practices, were then gripped by an extraordinary obsession, the like of which the world has not seen again. The object of this extraordinary mania was…