The world's first stock exchange /
Petram, Lodewijk,
The world's first stock exchange / Lodewijk Petram ; translated by Lynne Richards. - English-language edition. - 1 online resource - Columbia Business School Publishing . - Columbia Business School publishing. .
Translated from the Dutch. Translation of the author's De bakermat van de beurs.
Includes bibliographical references and index.
A world-famous book -- A new company -- Early share trading -- Angry shareholders -- Fraud -- The first boom -- Jewish traders -- Information -- Trading clubs -- Speculation -- Crisis -- The world-famous book again.
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.
0231537328 (electronic bk.) 9780231537322 (electronic bk.) 9781306777230 1306777232 (cloth ; alk. paper) (cloth ; alk. paper)
D4DEB7F6-3E86-410D-931A-3F6685DCB7E1 OverDrive, Inc. http://www.overdrive.com 22573/ctt65sxkq JSTOR
East India Company--History--17th century.
East India Company.
1600-1699
Stock exchanges--History--Netherlands--Amsterdam--17th century.
Stocks--History--Netherlands--Amsterdam--17th century.
Stock exchanges--History.
Bourse--Histoire--Pays-Bas--Amsterdam--17e siècle.
Actions (Titres de société)--Histoire--Pays-Bas--Amsterdam--17e siècle.
Bourse--Histoire.
BUSINESS & ECONOMICS--Finance.
HISTORY--Modern--17th Century.
Economic history.
Stock exchanges.
Stocks.
Amsterdam (Netherlands)--Economic conditions.
Netherlands--Amsterdam.
Electronic books.
Electronic books.
History.
HG5570.A4 / P4813 2014
332.64/2492
The world's first stock exchange / Lodewijk Petram ; translated by Lynne Richards. - English-language edition. - 1 online resource - Columbia Business School Publishing . - Columbia Business School publishing. .
Translated from the Dutch. Translation of the author's De bakermat van de beurs.
Includes bibliographical references and index.
A world-famous book -- A new company -- Early share trading -- Angry shareholders -- Fraud -- The first boom -- Jewish traders -- Information -- Trading clubs -- Speculation -- Crisis -- The world-famous book again.
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.
0231537328 (electronic bk.) 9780231537322 (electronic bk.) 9781306777230 1306777232 (cloth ; alk. paper) (cloth ; alk. paper)
D4DEB7F6-3E86-410D-931A-3F6685DCB7E1 OverDrive, Inc. http://www.overdrive.com 22573/ctt65sxkq JSTOR
East India Company--History--17th century.
East India Company.
1600-1699
Stock exchanges--History--Netherlands--Amsterdam--17th century.
Stocks--History--Netherlands--Amsterdam--17th century.
Stock exchanges--History.
Bourse--Histoire--Pays-Bas--Amsterdam--17e siècle.
Actions (Titres de société)--Histoire--Pays-Bas--Amsterdam--17e siècle.
Bourse--Histoire.
BUSINESS & ECONOMICS--Finance.
HISTORY--Modern--17th Century.
Economic history.
Stock exchanges.
Stocks.
Amsterdam (Netherlands)--Economic conditions.
Netherlands--Amsterdam.
Electronic books.
Electronic books.
History.
HG5570.A4 / P4813 2014
332.64/2492