A Decade of Delusions: from Speculative Contagion to the Great Recession
When the dot–com and real estate bubbles of the 1990s and 2000s burst, few were spared the financial fallout. So, how did an investment advisory firm located in Elkhart, Indiana—one of the cities hit hardest by the economic downturns—not only survive, but also thrive during the highly contagious speculative pandemics. By remaining rational. In A Decade of Delusions: From Speculative Contagion to the Great Recession, Frank Martin founder of Elkhart, Indiana′s Martin Capital Management offers a riveting and real–time insider′s look at the two bubbles, and reflects on how investors can remain rational even when markets are anything but.
