The World's First Stock Exchange "This book is a wonderfully textured account of the rise of stock trading in seventeenth century Amsterdam. It can be read for pleasure as well as instruction." -- Gregory Clark, author of The Son Also Rises To save 30%, add the book to your shopping cart, and enter code WORPET in the "Coupon Code" field at check out.* The e-book of The World's First Stock Exchange is available wherever e-books are sold!
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.
$29.95 $20.97Use discount code WORPET at check-out
£219.95 | Cloth | 304 pages
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Keep a civil tongue.