Term
South Sea Company
An English joint-stock company founded in 1711 to trade with Spanish America. In 1720 its shares became the centre of the first great stock bubble in England.
Extraordinary Popular Delusions and the Madness of Crowds, Charles Mackay
Explained in
- Extraordinary Popular Delusions and the Madness of Crowds, Charles Mackay
- A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing, Burton G. Malkiel
An English trading company whose shares soared in 1720 and then crashed.