The stories behind stock market crashes

A very interesting story was featured in Ankur Jain's blog. It's a bit long but harps on the following points -
a) A crash is the product of knowledge known to many
b) Ever increasing greed only hastens the inevitable crash
c) Bubbles are there everywhere - some see it, some don't

Another interesting aspect to the same was also found in Sanjay Bakshi's blog. The most interesting aspect is how naive people can be and follow the crowd. Check this out aswell. Here's to all cheaters ...