stackyFACTSWhen Charles Dow originally created his famous stock market index in 1884, it looked vastly different than today's massive, tech-heavy roster. It consisted of just eleven transportation companies, primarily massive railroad monopolies that represented the gritty, steel backbone of the rapidly growing American industrial economy.
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We base the psychological health of our entire global economy on the equivalent of a high school clique. The Dow isn't a broad market metric; it's a…
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A trillion-dollar corporate valuation absolutely does not mean the company actually has a trillion dollars sitting in a massive vault. Market capitalization…
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Give us your capital first, and we promise we will figure out what to do with it eventually. Special purpose acquisition companies bypass traditional scrutiny…
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Active stock picking is strictly for suckers who enjoy stress and consistently underperforming the market. Index funds operate on the deeply cynical premise…
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Buying lottery tickets is a tax on your imagination, but the fix is not killing your dreams. People play because imagining a sudden windfall feels better than…
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Wealthy investors in 1980s Kuwait grew so bored with standard investments that they created an entirely unregulated shadow stock market in a parking garage…
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