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Those who do not read "Extraordinary Popular Delusions and the Madness of Crowds" by Charles Mackay are doomed to repeat it.



I don't think that's a reasonable expectation. There are countless books on the topic and it's unreasonable to expect they have this level of knowledge.

There's a reason a we don't say, "Well, if the bridge collapses while they are on it, it's their fault for not having studied civil engineering. Shoulda known better."




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