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Periscope

Srinivas Peri

Periscope is about, "Lessons of History”. As George Santayana said, “Those who cannot remember the past are condemned to repeat it”. It pays to study the past and understand how we came to now, which in turn might provide us a glimpse of the future.

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Substack
PricingOnly free issuesPublishesWeekly
Issues48SubscribersRead periscopeglobal.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

The United States of Financial Amnesia – Illusion of Control

Chuck Prince was the CEO of Citigroup, and in July 2007, he made this now famous statement: “When the music stops, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.” Music ...

2 months ago
2
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The United States of Financial Amnesia – This Time is Different

Gore Vidal once said, “We are the United States of Amnesia; we learn nothing because we remember nothing.” While Vidal said that in the context of politics and still stands true, it applies equally, if not more to the financial markets. A q...

2 months ago
6
2

Black Monday, October 1987 – Anatomy of a Catastrophic Crash

Imagine, if tomorrow. Dow Jones sees a fall of 11,400 points, a 22.6% drop in a single day from its current level of 46,000. What would that feel like? Catastrophe? Armageddon? Something like that is unthinkable for us today, but so was it ...

3 months ago
4
2

How Novelty and Narratives Influence Investors

Gregor MacGregor is probably one of history’s greatest conmen. Two hundred years ago, he pulled off one of the greatest and audacious investment scams ever, deceiving banks, investors and even European governments. In October 1822, after fi...

4 months ago
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  • Srinivas Peri
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