I like reading. Saw this book,

manias, panics and crashes - a history of financial crises  7th edition

(with so many edition, this book must be good! Ha. I got conned by a book written by a Msian lady on investment. 3rd edition, I think, so it must be a good one. Not really. Some publishers used the edition to lure in sleeping buyers like me!)

Started reading this book. Please share if you have read the book. The foreword is difficult for me to digest, Hope the rest is easier.

Cheerio.

Thanks.

Started on The Black Swan some years back but did not get far. Guess hard to digest. Ha.

Will try the rest. Antifragile's author has other good books to try too.

Any good points from these books to share here?

The Maniac book is quite hard to read. But still good to scan through. Surprised to read that (if I understand it correctly), the crashes while they had the gold standard were more frequent and harsher than without the gold standard. Always though with the gold standard is better. For each $ note they print, every country has gold to back it up. So money supply is controlled and thus the markets.

Also, it seems to me from reading that book that every crisis is somehow related to the banks! Ha. Providing too much money credit to the markets, especially foreign money which later stopped and triggered the crashes. Many pages to read (400+ pages).

Thanks.