Finance
Money, markets, and economic phenomena
-
Finance
A 17th-century Mughal emperor mandated that all large transactions be paid in uncut diamonds
-
Finance
Modern banking began when London goldsmiths started lending out more gold than they held
-
Finance
Human brains consistently value certainty far more than the mathematical probability of a win
-
Finance
The psychological pain of losing money is twice as powerful as the joy of gaining it
-
Finance
People treat found money and earned salary as different currencies with different spending rules
-
Finance
A single mathematical formula enabled the explosion of the trillion-dollar global options market
-
Finance
Financial models based on normal distributions often fail to account for rare catastrophic events
-
Finance
The first quantitative hedge fund was founded by a mathematician who mastered card counting
-
Finance
The Code of Hammurabi established the first laws protecting bank depositors from theft
-
Finance
Barcelona established the first public bank to facilitate trade without charging prohibited interest
-
Finance
The Medici Bank bypassed religious bans on interest by disguising loans as currency exchanges
-
Finance
The world's first paper currency collapsed after the Song dynasty printed too much of it
-
Finance
A 16th-century banking family built a social housing project that still charges medieval rent
-
Finance
Automatically enrolling employees in savings plans increases participation rates from 20 to 90 percent
-
Finance
Investors are statistically more likely to sell winning stocks while holding onto losing ones
Other categories
Categories →