Deepak Venkatesh Profile picture
Learning investing | Tweets personal

Sep 15, 2020, 8 tweets

1/n A look at the oldest companies & earliest traded stocks
The 1st stock exchange was established in 1602 in Amsterdam. It was made by the Dutch East India Company, chart below
The south sea bubble of 1720 can be seen. The company lasted under 2 centuries & finally went bankrupt

2/n Another company traded in Amsterdam was The Dutch West India Company which also went into bankruptcy in late 1700s. In the chart below we can see both the Tulip mania & the South Sea Bubble.

3/n But these two companies are no match for the oldest companies which exist till today. They could have merged. Some are listed via the new parent too. The types are:

4/n Mints: The Royal Mint (pic) has existed since 886 and the Mint in Paris since 864.

5/n The oldest company in North America is the Mexican Mint La Casa de Moneda de estd 1534. So is the oldest one in South America Casa Nacional de Moneda of Peru 1565

Mexican Mint: gob.mx/cmm

6/n Winery: The French Chateau de Goulaine (wine botle in pic) started around 1000 & the German Staffelter Hof Winery in the 860s.

7/n Construction: The oldest company in the world Kongō Gumi in Japan was operational for 1400 years when it finally megred with another company called Takamatsu Construction Group which itself is over 100yr old.
Pic: Osaka castle built in 1597

8/n The attached image is the oldest companies across the world. Sources mentioned

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