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The cyclical nature of economic booms and busts is well-documented throughout history. Despite repeated lessons, markets continue to experience periods of irrational exuberance followed by painful corrections. At the heart of this cycle is a fundamental human tendency—our proclivity to follow trends without critical evaluation.
By Victor LeungThe cyclical nature of economic booms and busts is well-documented throughout history. Despite repeated lessons, markets continue to experience periods of irrational exuberance followed by painful corrections. At the heart of this cycle is a fundamental human tendency—our proclivity to follow trends without critical evaluation.

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