Book · 2025 · Business & Economics
Devil Take the Hindmost
A History of Financial Speculation
- mentions
- 4
- people
- 4
- podcasts
- 3
- episodes
- 4
- recommendation
- 1
There's a great book devil take the hindmost you know just let it let chips fall or they may you know we can we can try so much but at some point you have to be like hey like you made the choice.
The best things said about it
And I mentioned Devil Take the Hindmost, 99, one of the greatest books I ever read was.
Mohnish Pabrai My First Million · Mar 2026 Uh in in the fall of '99, I read a book called Devil Take the Hindmost.
Where and when it comes up
Most mentions, by podcast
4 people who brought it up
Why people recommend it
Devil Take the Hindmost by Edward Chancellor is a comprehensive historical examination of financial speculation, market bubbles, and historic panics. On Modern Wisdom, Nick Maggiulli recommended the book while discussing the importance of letting individuals face the consequences of their own speculative investment choices. Mohnish Pabrai brought up the text on My First Million, praising it as one of the greatest books he had ever read regarding investor behavior. Howard Marks also discussed reading the volume in the fall of 1999 prior to writing his famous dot-com market memo. Furthermore, Jason Calacanis mentioned the book on This Week in Startups during a conversation about business cycles and the risks of inflated company valuations, noting that its historical overview of booms and panics demonstrates that human nature regarding greed and fear has not fundamentally changed over time. Across these different shows, speakers turned to Chancellor's work to provide historical context for contemporary market mania. The text serves as an enduring warning about speculative bubbles, illustrating how easily masses of investors can be swept up in financial euphoria regardless of the era in which they live.
Every mention
Nick Maggiulli there's a great book devil take the hindmost you know just let it let chips fall or they may you know we ca… 1
“there's a great book devil take the hindmost you know just let it let chips fall or they may you know we can we can try so much but at some point you have to be like hey like you made the choice”
Howard Marks Uh in in the fall of '99, I read a book called Devil Take the Hindmost. 1
“Uh in in the fall of '99, I read a book called Devil Take the Hindmost.”
Jason Calacanis there's a book called devil the devil takes theind most I think and it's a history of various um Financial… 1
“there's a book called devil the devil takes theind most I think and it's a history of various um Financial um booms and and panics throughout time and the really nice thing to know reading that book is humans haven't gotten any smarter”
Mohnish Pabrai And I mentioned Devil Take the Hindmost, 99, one of the greatest books I ever read was 1
“And I mentioned Devil Take the Hindmost, 99, one of the greatest books I ever read was”