In many cases human behavior is the major force driving asset prices. Something that, interestingly, has been pretty constant through time. History can therefore be a great guide here. And history is what our new book is all about – an easy-to-read and concise financial history of Europe, divided into different chapters, which can be all read separately. The book describes the motives, ambitions, successes and failures of the first bankers, traders and mutual fund managers. It also contains lots of historical facts that are still relevant today.
This book takes you through some of the defining periods that have formed today’s financial markets. Before that, the opening chapter outlines the development of the modern investment fund industry in the 20th century. The book describes several defining moments that have shaped today’s financial markets, such as:
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