He has a point. Here's the annotated chart for SSC.Lon (formally The Governor and Company of the merchants of Great Britain, trading to the South Seas and other parts of America, and for the encouragement of fishing):"if you compare the current environment to the South Sea Bubble of 1720, stocks still look attractive from a valuation standpoint"— StockCats (@StockCats) August 9, 2016
The chart doesn't show it but there were trades done as high as a reputed £1000 per share, so just short of a 10-banger in seven months.
