Image credit: Godfrey Kneller, “Sir Isaac Newton” (1702), National Portrait Gallery
By Jason Zweig | Jan. 23, 2018 10:14 am ET
In a column in November, “Isaac Newton Learned About Financial Gravity the Hard Way,” I looked at a new study of the investing career of the great physicist.
The great scientist was a hapless investor, careful research by scholar Andrew Odlyzko found. Now, in an updated version of his study, Prof. Odlyzko documents that Newton fell even harder than previously thought for one of the worst speculative bubbles of all time….
To read the rest of the article:
The Wall Street Journal, http://on.wsj.com/2n3ihPo
Andrew Odlyzko’s research papers
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Devil’s Financial Dictionary
Benjamin Graham, The Intelligent Investor
John Carswell, The South Sea Bubble
Richard Dale, The First Crash: Lessons from the South Sea Bubble
Thomas Levenson, Newton and the Counterfeiter: The Unknown Detective Career of the World’s Greatest Scientist
South Sea Bubble Collection at the Baker Library, Harvard University
The Extraordinary Popular Delusion of Believing What You Read