LongHaul Posted September 30, 2014 Share Posted September 30, 2014 [amazonsearch]Confusion De Confusiones[/amazonsearch] CONFUSION DE CONFUSIONES - Book from 1688 Describes the Netherlands stock market in the 1600’s Here are some memorable quotes and notes. A good read for anyone interested in stock market history. Striking similarities with the stock market today and this was in the 1600's! Author: Joseph de la Vega ”He who knows how to endure blows without being terrified by the misfortune resembles the lion who answers the thunder with a roar, and is unlike the hind (deer?) who, stunned by the thunder, tries to flee” “experience has shown that usually the bulls are victorious and the bears lose out.” “As there are so many people who cannot wait to follow the prevailing trend of opinion, I am not surprised that a small group becomes many. Most people think only of doing what the others do and of following their examples. .. “ "Such a panic we call to be in tortures.” In the 1600’s there were calls, puts, shorting, and buying on margin. I think the main company traded was the East India company. Complex manipulation in market. http://www.amazon.com/Confusion-Confusiones-Portions-Descriptive-Amsterdam/dp/1614274517 Link to comment Share on other sites More sharing options...
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