Re: Stock & Markets
Stumbled across the following passage a few weeks ago, whilst researching within old editions of 'The Times' (London) newspaper. I thought that it might interest/ amuse/ infuriate the members of the RBSI...
" The news from India this morning caused the funds to open at a decline of a one and a quarter per cent, which was soon followed by increased heaviness. Bank Stock left off at 211 to 214 ; India Bonds and Exchequer bills 10s to 5s discount.
The fortnight to elapse before the arrival of another mail will therefore be characterized by great anxiety and caution in all departments of business."
~ 'The Times' ~ 9th June 1857
WOW
The furniture, the timber board and the ticker tape machine in the picture are fabulous. Speed of communications have brought about a fabulous degree of information equality which makes making money through speculation difficult. Despite the "equality", ,efficient, markets are a theoretical, capitalist dream simply because equity capital is still provided by a handful of people and not all citizens. Current crisis in global economy is crying for a new market and capital theory.
Read Book Online : http://www.archive.org/stream/psychologyofstoc00seldrich#page/n7/mode/2up
Download pdf Book : http://ia700508.us.archive.org/15/items/psychologyofstoc00seldrich/psychologyofstoc00seldrich.pdf
wow.....
that's really valueable gift for me !
Vow!!
Double wow !! so elegant
The sounds like a VERY interesting book!
Re: Stock & Markets Stumbled across the following passage a few weeks ago, whilst researching within old editions of 'The Times' (London) newspaper. I thought that it might interest/ amuse/ infuriate the members of the RBSI... " The news from India this morning caused the funds to open at a decline of a one and a quarter per cent, which was soon followed by increased heaviness. Bank Stock left off at 211 to 214 ; India Bonds and Exchequer bills 10s to 5s discount. The fortnight to elapse before the arrival of another mail will therefore be characterized by great anxiety and caution in all departments of business." ~ 'The Times' ~ 9th June 1857
WOW
The furniture, the timber board and the ticker tape machine in the picture are fabulous. Speed of communications have brought about a fabulous degree of information equality which makes making money through speculation difficult. Despite the "equality", ,efficient, markets are a theoretical, capitalist dream simply because equity capital is still provided by a handful of people and not all citizens. Current crisis in global economy is crying for a new market and capital theory.
It is a good read. Thanks!
Gd nt.