Tuesday, November 17, 2015

Guest Post: Overvalued and Overblown

Conditions are ripe for frothy markets - here's how to spot a bubble before it bursts

In the early 1980s, a marble bust of Pope Gregory XV made headlines in Toronto. Dating back to the early 1600s, it had been in the hands of an aristocratic English family until 1978 when they sold it for £240 (about $600). At that time, its provenance was unknown. A few years later, an art expert…