The MSc Finance at Queen's University will be 20 years old in September 2013. A reunion and networking event, organised by the Queen's University Management School and Queen's Alumni Office, is being held on Friday 13th September in Riddel Hall. You can sign up for the event here, or send me a tweet, or email me.
My colleague and former PhD student Gareth Campbell has created a website about the British Railway Mania - click here . This episode has been described by the Economist as probably the greatest bubble in human history. Gareth's website provides background on the Mania and posits some explanations for the 'bubble'. In his explanation of why the bubble happened, Gareth places a lot of emphasis on investor myopia regarding future dividends and uncalled capital. His study of investors during the episode does not support the view that this episode was fuelled by naive and irrational investors.