Category: History
What Is Money For?
What Is Money For? Shelby Cullom Davis got his start in the stock market in the early 1940’s on the heels of the Great Depression....
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Obsessing Over Interest Rates
Obsessing Over Interest Rates “The theory of interest bears a close resemblance to the theory of prices, of which, in fact, it is a special...
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Why We Own Stocks
Why We Own Stocks “Because profits go up 8% a year, and stocks will follow. That’s all there is to it.” -Peter Lynch The...
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Stocks Don’t Always Go Up
On December 27, 1999, Microsoft closed the day at $59.56 per share (split-adjusted). When the dot-com bubble burst in the ensuing months, it ultimately took...
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Money, Credit & Crypto
Money, Credit & Crypto Money has taken on innumerable forms throughout history. Whether it’s been salt, tea, spices, rice, potatoes, bullion, bank notes, or even...
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