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Wednesday, March 18, 2020

The World’s First Stock Exchange PDF Download

The World’s First Stock Exchange PDF
By:Lodewijk Petram
Published on 2014-05-27 by Columbia University Press


The launch of the Dutch East India Company in 1602 initiated Amsterdam's transformation from a regional market town into a dominant financial center. The Company introduced easily transferable shares, and within days buyers had begun to trade them. Soon the public was engaging in a variety of complex transactions, including forwards, futures, options, and bear raids, and by 1680 the techniques deployed in the Amsterdam market were as sophisticated as any we practice today. Lodewijk Petram's eye-opening history demystifies financial instruments by linking today's products to yesterday's innovations, tying the market's operation to the behavior of individuals and the workings of the world around them. Traveling back to seventeenth-century Amsterdam, Petram visits the harbor and other places where merchants met to strike deals. He bears witness to the goings-on at a notary's office and sits in on the consequential proceedings of a courtroom. He describes in detail the main players, investors, shady characters, speculators, and domestic servants and other ordinary folk, who all played a role in the development of the market and its crises. His history clarifies concerns that investors still struggle with today, such as fraud, the value of information, trust and the place of honor, managing diverging expectations, and balancing risk, and does so in a way that is vivid, relatable, and critical to understanding our contemporary financial predicament.

This Book was ranked at 24 by Google Books for keyword Investing Bonds Business Money.

Book ID of The World’s First Stock Exchange's Books is V8fbAgAAQBAJ, Book which was written byLodewijk Petramhave ETAG "K8aQDectQu4"

Book which was published by Columbia University Press since 2014-05-27 have ISBNs, ISBN 13 Code is 9780231537322 and ISBN 10 Code is 0231537328

Reading Mode in Text Status is true and Reading Mode in Image Status is true

Book which have "304 Pages" is Printed at BOOK under CategoryBusiness and Economics

Book was written in en

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