Do people want a Sunday Reads on the history of sovereign defaults and debt limits this weekend?
Going to be a lot of @KimOosterlinck !!
For those of you that want historical context on sovereign defaults...

There are two entire lectures covering episodes of sovereign default, repudiated debts, the impact of war on sovereign debt, etc.

investoramnesia.com/imperial-finan…

From the brilliant @KimOosterlinck & @tracyalloway
From Tracy’s lecture:

Niall Ferguson on the importance of Britain’s debt market

And @KimOosterlinck discussing the Bolshevik Revolution and their repudiation of ‘Tsarist’ Russian bonds.

Enter 'HISTORYRHYMES' at checkout for 10% off!

sso.teachable.com/secure/626287/…

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More from @InvestorAmnesia

3 Oct
Financial History: New Library??

Instead of a new 'Panic Series' post today, I'm thrilled to share the new Investor Amnesia Library!

Financial history resources stretching back to the 17th century, and new materials will be added constantly.

investoramnesia.com/library/
Find gems like this one from an 1885 finance book:

"The Causes Influencing Investment and Speculation”
For Real Estate nuts, this 1852 book offers a detailed look at how property was valued
Read 6 tweets
27 Sep
Fascinating visualization of US economic growth from 1900-1925.

Love telephone “subscribers”.

Taken from a 1925 “Magazine of Wall Street” issue I ordered!
Beaut.
Seems most relevant…
Read 4 tweets
19 Sep
Financial History: Sunday Reads

*The Panic Series (Part III) - 1825*

• Latin American Bond Fever

• BoE & Lender of Last Resort

• Bond Issues for Fictitious Countries

• Widespread Banking Failures

• (Discount on New Course!)

investoramnesia.com/2021/09/19/the…
Find the first two installments below:

Panic of 1792: America's First Panic

investoramnesia.com/2021/09/05/the…
Panic of 1819: America's First Depression

investoramnesia.com/2021/09/12/the…
Read 12 tweets
29 Aug
Financial History: Sunday Reads

• Railroads & Speculative Feedback Loops

• The East India Co. & VC History

• Market Value of Innovation

• Investor Returns in New Industries

investoramnesia.com/2021/08/29/pri…
Not too shabby.

Growth of $1 in Western Union stock:

April 1851: $1

December 1865: $1,816.75
Comparing returns on Dutch East India Company voyages vs. Venture Capital
Read 4 tweets
6 Aug
🚨New Project!🚨

Thrilled to announce a new financial history project with @chapter_HQ . An exciting new way to learn market history as a community.

• 4 Weeks of Curated Content

• Insights linking past & present

• Q&A

• Community interactions

getchapter.app/@jamie/hindsig… Image
Week 1 covers: "The Market as a Game".

Looking back at how markets have been perceived as a game by investors and speculators since the very first exchange in 1688.

Meme stocks and the "gamification" of markets is nothing new! Image
Week 2 dives into different "Bubble Frameworks".

You will learn how to identify the environments that produce bubbles and how to invest when they occur. Image
Read 6 tweets
28 Mar
Financial History: Sunday Reads

• Suez Canal IPO

• Sinking The Florida Land Bubble

• Suez Crisis & Currency Markets

• Medieval Shipping Contracts & ETFs

• 19th Century VC: Whaling

investoramnesia.com/2021/03/28/a-h…
While the events of this week at the Suez Canal have been extremely costly, this is certainly not the first time the Suez Canal has stoked international controversy.

Let's take a quick look at the history.
Here’s a fun fact for you...

Did you know that the Suez Canal was a publicly traded company?

This excellent chart from @GlobalFinData shows the stock returns from IPO in 1862 through the 1930s.
Read 11 tweets

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