1 rich Libsyn https://www.libsyn.com 90 600 Interview with Dr. Andrew Odlyzko (U. of Minnesota) about investment bubbles, the Nigerian prince scam’s long history, and how to know when investors are gullible.&amp;nbsp; 0:05 Intro 3:05 How a landscape painter arbitraged snooty aristocrats&amp;nbsp; 6:40 Isaac Newton’s stock losses (the real story) 11:50 the South Sea Bubble 21:28 Investment bubbles in history 25:43 the South sea bubble wasn’t THAT crazy after all 29:45 An investment “of great advantage, but no-one to know what it is” 32:16 could we create a gullibility index? 33:48 the Nigerian prince scam pre-dates the internet 36:50 Why trust is key in bubbles 37:01 2 types of bubbles 40:31 Is failure good for society as a whole? 48:50 Conversations over coffee: explain what’s important &amp;nbsp; *Dr. Andrew Odlyzko is Professor of Mathematics at the University of Minnesota.&amp;nbsp; *Find his most recent writings about Isaac Newton and the South Sea Bubble here: https://physicstoday.scitation.org/journal/pto *His website is here: http://www.dtc.umn.edu/~odlyzko/ *A list of his writings on financial history are here: http://www.dtc.umn.edu/~odlyzko/doc/bubbles.html Dead People's Money http://deadpeoplesmoney.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/15029690/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/77123369