Episode 3: The Strange Story Behind the Beanie Babies Bubble

Two market bubbles stand out from the late 1990s. One: Technology stocks that were supposed to make everyone a zillionaire. The other: A series of mass-produced stuffed animals priced at $5 each. Odd Lots hosts Joe Weisenthal and Tracy Alloway speak with Zac Bissonnette, author of "The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute," to figure out exactly what made millions of people believe that these plush cuties were destined to soar in value. We dive into the psychology behind one of the weirdest speculative manias of all time and draw a connection with the dotcom bubble.

-- Bloomberg Radio +1-212-617-5560

Running time 22:44

Before it's here, it's on the Bloomberg Terminal. LEARN MORE