This book is interesting. It recorded all financial bubbles on commodities from earlier tulips till the latest bitcoins. So, reading this book is like reading a history book (except main focus is on financial cases). Readers tend to learn a lot from the cases presented and the author did so well to present it with clear and precise details.
However, I found some of the cases presented seems not significant. For trader like me, some cases are just norms of the volatility and does not qualify to be "bubbles". Secondly, it will be good if this book includes all indexes bubbles apart from commodities. After all, commodities, indices, currencies, etc. are correlated in nature. Finally, I expected to see some comments or insight thoughts from the author at the end of every presented cases. However, it is more like a dull history book at the end. Unfortunately, the only wisdom I can found throughout this book is the quote as below:
The discovery of gold triggered a true story global gold rush. However, it was the merchants who generally became rich selling equipment and services.
For a full rating of 10, I am going to rate this book at 6/10. Well, I appreciate the hard-work from author in providing us such a detailed history on the so called "bubbles". However, the whole experience is like a drop in the ocean. I would not said it is a bad book... but simply not enough! As financial bubbles would not stop from now and then, this book will have a revise version sooner or later. Let us hope for a better version in the future...
