Peter Waitzman loves the Stuff You Should Know podcast, but a recent episode retold the old tulip mania story, and it got him wondering how much of the history we hear is exaggerated.
In this episode you will hear:
\- Why newer research says tulip mania was a small market of wealthy buyers, not a crash that wrecked the Dutch economy
\- Why the priciest bulbs were rare tulips with virus-made color patterns
\- Peter's NFT comparison: some people got burned, and the economy barely noticed
\- Why reading articles online is not the same as doing original research
\- Why we might judge people from history a little less harshly
Want the full deep dive? Watch the companion video on the tulip bubble myth: https://youtu.be/MAlbDqK-G50
Got a money story, scam or business case you want Peter to dig into? Send it in.
Chapters:
0:00 Why Peter loves Stuff You Should Know
1:21 The tulip mania story
3:01 What really happened
3:41 The NFT comparison
5:01 Rare tulips, not a national craze
6:26 Getting the whole story wrong
7:13 Judging history by today's standards
9:01 Research vs. surfing the web
10:32 A little less judgment
12:37 Send Peter your topic ideas
Books and resources from Peter Waitzman:
Amazing Money Stories (true tales of greed, generosity, success and luck): https://geni.us/R7ef
Fast Debt Payoff Guide: https://geni.us/HeWdQi1
Rethink How You See Money: https://geni.us/YljOz9
Money Is Factscinating: https://geni.us/LckBTAX
Woodland Cents, best gift books that teach kids money, ages 3 to 7: https://link.amazon/B07yAAjZ2
Watch the video version: https://www.youtube.com/watch?v=zYWjfoNo7qs
Employers and organizations: ask about evaluation copies and the Expedition Money financial wellness program: https://www.expedition.money
Contact us: https://www.expedition.money/contact-us
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Educational and entertainment purposes only. This is not individualized financial, investment, legal, or tax advice. Talk with a qualified professional before making financial decisions.
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