required reading when youre a young buck starting out on a trading desk. its a short, quick read. there's 2 key takeaways for me when comparing today's markets and those of 100+ years ago: market dynamics are essentially unchanged & human emotions - fear and greed - drive those market dynamics in the same way.
There's a famous quote that says we all die twice, once when we physically die and a second time when we are truly forgotten by humanity. It's attributed to lots of different people. https://quoteinvestigator.com/2025/10/15/die-twice/
Whenever I encounter this idea, I think of a certain Henry Symeonis who is, by this standard, still "alive", even though he died in 1264.
There was so much bad blood between him and the Oxford University that Oxford students had to take a pledge never to reconcile with Henry Symeonis upon ther Bc graduation. This tradition stuck for 550 years.
And we are still aware of him today. Neither an important king, nor a great artist, just a guy who triggered a petty revenge from some long-dead academicians who are, ironically, likely completely forgotten, name and all.
"You're absolutely right; that runway was decommissioned in 1974 and is now a cornfield. Would you like me to contact emergency medical services and file an accident report with the F.A.A.?"
There are probably books out there that probably do a better job than most discrete courses I can think of--i.e. an accounting course is probably too in the weeds for most people--but I agree that some sort of business/marketing/finance 101 would be useful for a lot of people (engineers as well).
They overcharge also via providing low quality products that seem comparable to name brands. Like the loosely wrapped toilet paper roles that have a fraction of what a normal roll has.
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