A 21-year monopoly on Dutch trade east of the Cape of Good Hope. Jeff on why monopoly plus permanent capital changed the size of the returns investors came to expect. #FinancialHistory
https://bit.ly/3VKrXBx
— Jeff K

A 21-year monopoly on Dutch trade east of the Cape of Good Hope. Jeff on why monopoly plus permanent capital changed the size of the returns investors came to expect. #FinancialHistory
https://bit.ly/3VKrXBx
— Jeff K
Some early VOC dividends were paid in spices instead of cash. Jeff's price reality check: the payout format changed, but the investor's question never did. #FinancialHistory
https://bit.ly/3VKrXBx
— Jeff K
Before the VOC, investing had a finish line: fund one ship, sell the pepper and nutmeg, split the profits, close the books. Jeff explains how 1602 erased the finish line. #FinancialHistory
https://bit.ly/3VKrXBx
— Jeff K
Three PhDs (#Singapore, #Panama and #BritishVirginIslands) in #offshore studies sponsored by @erc.europa.eu at @c2dh.uni.lu
Broke peddler Marcus Goldman started trading IOUs in a basement at 50, founding Goldman Sachs.
Follow for more stories money forgot. 📈
#MoneyHistory #marcusgoldmann #GoldmanSachs #BankingHistory #FinancialHistory
Post/video by Money Through the Ages
Tontines, shareholders and women investors in 19th-century Dublin.
Join the @ria.ie on Wed 7 Oct, 1–2pm, for talks by Dr Andrew McDiarmid and Adam Kane (UCD).
19 Dawson St, Dublin 2. Book here: www.eventbrite.ie/e/investing-...
“Charles Kindleberger explained the self-perpetuating feeding frenzy that develops when speculators start making money: 'There is nothing so to one's well-being and judgment as to see a friend get rich.”
#BookSky #Books #EconomicBubbles #FinancialHistory #MarketPsychology